regulatory
confidence high
sentiment negative
materiality 0.65
ENDRA Life Sciences gets Nasdaq extension to Nov 20, 2024 to regain $1 bid price; 91% of Series B warrants exercised
ENDRA Life Sciences Inc.
- Nasdaq Hearings Panel granted extension until November 20, 2024 to regain compliance with $1.00 minimum bid price for 10 consecutive trading days.
- Company is evaluating options to evidence compliance; no immediate effect on listing or trading of NDRA common stock.
- 91% of Series B warrants from June 2024 public offering exercised, resulting in issuance of 15,831,864 shares of common stock.
- Total outstanding common shares increased to 17,280,655 as of August 28, 2024.