regulatory
confidence high
sentiment negative
materiality 0.65
Artelo Biosciences gets second 180-day Nasdaq extension to meet $1 minimum bid price
ARTELO BIOSCIENCES, INC.
- Nasdaq granted second 180-day period until September 12, 2022 to regain compliance with bid price rule.
- Failure to comply by deadline will result in delisting notice; company may appeal to hearings panel.
- Company plans to monitor closing bid price and consider available options to regain compliance.
- Stock trades under ticker ARTL on Nasdaq; minimum bid price requirement is $1.00.