regulatory
confidence high
sentiment negative
materiality 0.70
SANGAMO THERAPEUTICS, INC (SGMO): Nasdaq/NYSE listing notice — Sangamo receives Nasdaq deficiency notice for bid price below $1 per share
SANGAMO THERAPEUTICS, INC
- Notice received April 24, 2024; stock closed below $1 for 30 consecutive business days.
- Company has 180 calendar days until October 21, 2024 to regain compliance.
- If not compliant, may transfer to Nasdaq Capital Market for an additional 180-day period.
- Evaluating options including a potential reverse stock split to cure the deficiency.