other material
confidence high
sentiment positive
materiality 0.60
Phio Pharmaceuticals regains Nasdaq minimum bid price compliance after reverse split
Phio Pharmaceuticals Corp.
- Received Nasdaq notice on July 19, 2024, confirming compliance with Listing Rule 5550(a)(2).
- Compliance achieved after 1-for-9 reverse stock split effective July 5, 2024.
- Company continues trading on Nasdaq Capital Market; delisting risk removed.