regulatory
confidence high
sentiment positive
materiality 0.50
Context Therapeutics regains Nasdaq minimum bid price compliance
Context Therapeutics Inc.
- Non-compliance with Minimum Bid Price Rule first disclosed on Jan 24, 2023; initial cure period ran to July 24, 2023.
- On June 15, 2023, Nasdaq confirmed the company's common stock had a closing bid price of $1.00+ for 10 consecutive business days.
- Nasdaq considers the matter closed; the company has regained compliance with Listing Rule 5550(a)(2).