regulatory
confidence high
sentiment negative
materiality 0.80
Helius Medical gets Nasdaq delisting warning for equity <$2.5M; extension to June 30, 2025
Solana Co
- Received Nasdaq notice on March 31, 2025 for stockholders' equity below $2.5M from FY2024 10-K.
- Also failed minimum bid price requirement; hearing held March 18, 2025.
- Company does not meet alternative compliance standards for continued listing.
- Nasdaq granted extension to June 30, 2025 to regain compliance with both rules.
- Stock continues trading on Nasdaq under HSDT with no immediate impact.