regulatory
confidence high
sentiment negative
materiality 0.75
Bone Biologics Corp (BBLG): Nasdaq/NYSE listing notice — Bone Biologics receives Nasdaq delisting notice for bid price below $1; plans reverse stock split
Bone Biologics Corp
- Received Nasdaq deficiency letter on April 7, 2025 for failing minimum bid price of $1 per share for 30 consecutive business days.
- Has 180-day compliance period until October 6, 2025 to regain compliance by closing bid price >= $1 for 10 consecutive business days.
- Intends to seek stockholder approval for a reverse stock split at upcoming annual meeting to increase share price.
- No immediate effect on listing; if not compliant, Nasdaq may delist, subject to appeal.