other material
confidence high
sentiment negative
materiality 0.70
X4 Pharmaceuticals gets second Nasdaq compliance period until Aug 11, 2025 for bid price rule
X4 Pharmaceuticals, Inc
- Closing bid price of XFOR common stock below $1 for 32 consecutive business days as of Aug 13, 2024.
- Initial 180-day compliance period ended Feb 10, 2025; Nasdaq granted additional 180 days to Aug 11, 2025.
- Company may effect a reverse stock split to regain compliance if necessary.
- Failure to comply by Aug 11, 2025 may lead to delisting and an appeal process.