regulatory
confidence high
sentiment negative
materiality 0.65
Elevation Oncology, Inc.: Nasdaq/NYSE listing notice — Elevation Oncology transfers to Nasdaq Capital Market; granted 180-day bid price cure period
Elevation Oncology, Inc.
- Transfer from Nasdaq Global Select to Nasdaq Capital Market effective March 21, 2025.
- Company noncompliant with $1.00 minimum bid price for 30 consecutive days as of Sept 2024.
- Nasdaq granted additional 180 days, until September 15, 2025, to regain compliance.
- To cure, closing bid price must hit $1.00 for 10 consecutive business days by that date.
- Company will monitor and consider options including a reverse stock split if needed.