other
confidence high
sentiment positive
materiality 0.65
Conduit Pharmaceuticals provides Nasdaq compliance update; equity above $2.5M threshold
CDT Equity Inc.
- Submitted pro-forma financials showing Stockholder's Equity of $2.8M as of March 31, 2025, above Nasdaq's $2.5M minimum.
- Currently compliant with Market Value of Publicly Held Securities standard (>$1.0M).
- Application to transfer to Nasdaq Capital Market was made on March 7, 2025.
- CEO David Tapolczay signed the report.