regulatory
confidence high
sentiment negative
materiality 0.70
Neurogene Inc. (NGNE): Nasdaq/NYSE listing notice — Neoleukin receives Nasdaq delisting notice for bid price below $1.00
Neurogene Inc.
- Nasdaq notice on Oct 26, 2022 for non-compliance with minimum bid price rule (5550(a)(2)).
- Initial 180-day cure period ends April 24, 2023; needs $1.00+ close for 10 consecutive days.
- May seek transfer to Nasdaq Capital Market for second 180-day grace period if eligible.
- Company evaluating actions but no decisions made; delisting risk remains if not cured.