regulatory
confidence high
sentiment negative
materiality 0.50
TITAN PHARMACEUTICALS INC: Nasdaq/NYSE listing notice — Titan Pharmaceuticals receives Nasdaq notice for failure to hold annual shareholder meeting; faces potential delisting
TITAN PHARMACEUTICALS INC
- Received Nasdaq notice on Jan 3, 2025 for noncompliance with listing rules due to missing annual shareholder meeting within 12 months of fiscal year end.
- Has 45 days to submit a compliance plan; if accepted, Nasdaq may grant exception until June 30, 2025 to regain compliance.
- Failure to regain compliance could result in delisting of common stock from Nasdaq Capital Market.
- Company intends to schedule annual meeting and submit plan to regain compliance.