regulatory
confidence high
sentiment negative
materiality 0.70
Aquestive Therapeutics, Inc. (AQST): Nasdaq/NYSE listing notice — Aquestive receives Nasdaq deficiency notice for bid price below $1.00
Aquestive Therapeutics, Inc.
- Nasdaq notified Aquestive on Dec 30, 2022 that its common stock bid price was below $1.00 for 30 consecutive days.
- Company has 180 days, until June 28, 2023, to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not compliant by deadline, Aquestive may transfer to Nasdaq Capital Market for an additional 180-day cure period.
- Company may consider a reverse stock split to address the bid price deficiency.
- Failure to regain compliance could result in delisting of AQST common stock.