regulatory
confidence high
sentiment positive
materiality 0.55
Soligenix confirms compliance with Nasdaq $2.5M equity requirement after debt conversion and public offering
SOLIGENIX, INC.
- Converted $154,840 of debt into equity on April 15, 2024.
- Closed a $4.75 million public offering on April 22, 2024.
- Company now believes it meets Nasdaq’s $2.5 million shareholders’ equity minimum.
- These events were previously reported in the Q1 2024 10-Q filed May 10, 2024.