regulatory
confidence high
sentiment negative
materiality 0.70
Science 37 Holdings, Inc.: Nasdaq/NYSE listing notice — Science 37 receives Nasdaq deficiency notice for bid price below $1; cure deadline June 26, 2023
Science 37 Holdings, Inc.
- Nasdaq notified Science 37 on Dec 27, 2022 that its stock closed below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until June 26, 2023, to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not compliant by June 26, Science 37 may transfer to Nasdaq Capital Market for an additional 180-day cure period.
- To qualify for extension, Science 37 must meet continued listing standards and may need to effect a reverse stock split.