regulatory
confidence high
sentiment negative
materiality 0.75
Sangamo Therapeutics receives Nasdaq delisting notice; trading to be suspended May 5, 2026
SANGAMO THERAPEUTICS, INC
- Nasdaq staff determined to delist SGMO due to failure to meet minimum bid price requirement.
- Trading will be suspended at open on May 5, 2026; company plans to appeal before Nasdaq Hearings Panel.
- Common stock approved for quotation on OTCQB Venture Market starting May 5, 2026 under symbol SGMO.
- Company previously received two compliance periods but remained non-compliant with bid price rule.