Alzamend Neuro Announces Favorable Decision from Nasdaq Hearings Panel
Alzamend Neuro, Inc. (ALZN)
Company Research
Source: Business Wire
ATLANTA--(BUSINESS WIRE)--Alzamend Neuro, Inc. (Nasdaq: ALZN) (“Alzamend”), a clinical-stage biopharmaceutical company focused on developing novel products for the treatment of Alzheimer’s disease (“Alzheimer’s”), bipolar disorder (“BD”), major depressive disorder (“MDD”) and post-traumatic stress disorder (“PTSD”), announced today that the Nasdaq Hearings Panel (“Panel”) granted Alzamend’s request to continue its listing on The Nasdaq Capital Market (“Nasdaq”), subject to Alzamend demonstrating compliance, on or before September 23, 2024, with Listing Rule 5550(b)(1), which requires stockholder equity of at least $2.5 million (the “Stockholder Equity Rule”), and satisfying all applicable requirements for continued listing on Nasdaq.“We appreciate the Panel carefully considering our appeal and its decision granting Alzamend an extension to achieve compliance with the Stockholder Equity Rule,” said Stephan Jackman, the Chief Executive Officer of Alzamend. “We continue to implement
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ALZN
News
- Alzamend Neuro Announces Initial Closing of Private Placement [Yahoo! Finance]Yahoo! Finance
- Alzamend Neuro Announces Initial Closing of Private PlacementBusiness Wire
- EXCLUSIVE: Alzamend Neuro To Raise Up To $25M Via Private Placement Of Preferred Shares [Yahoo! Finance]Yahoo! Finance
- Alzamend Neuro Announces Agreement for Registered Direct Offering and Concurrent Private Placement for an Aggregate of up to $25 Million [Yahoo! Finance]Yahoo! Finance
- Alzamend Neuro Announces Agreement for Registered Direct Offering and Concurrent Private Placement for an Aggregate of up to $25 MillionBusiness Wire
ALZN
Sec Filings
- 6/26/24 - Form S-1/A
- 6/11/24 - Form DEFA14A
- 6/3/24 - Form S-1
- ALZN's page on the SEC website