regulatory
confidence high
sentiment negative
materiality 0.85
Biofrontera receives Nasdaq deficiency notice for equity below $2.5M
Biofrontera Inc.
- Stockholders' equity at $469,000, well below Nasdaq's $2.5M minimum requirement.
- Company has 45 days to submit a compliance plan to Nasdaq.
- If plan accepted, Nasdaq may grant up to 180 days from May 21, 2025 to regain compliance.
- Alternative market value or net income criteria also not met.
item 3.01