regulatory
confidence high
sentiment negative
materiality 0.60
Context Therapeutics Inc. (CNTX): Nasdaq/NYSE listing notice — Context Therapeutics receives Nasdaq notice for non-compliance with minimum bid price rule
Context Therapeutics Inc.
- Received Nasdaq deficiency notice on Jan 24, 2023, for bid price below $1.00 for 30 consecutive business days.
- No immediate effect on listing or trading; 180-day compliance period ends July 24, 2023.
- Can regain compliance if bid price closes at $1.00+ for 10 consecutive business days before deadline.
- Company monitoring bid price and evaluating options; no assurance of regaining compliance.