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Stock impact report

Eterna Therapeutics Regains Compliance with NASDAQ for Continued Listing [Yahoo! Finance]

Eterna Therapeutics Inc. (ERNA) 
Company Research Source: Yahoo! Finance
regained compliance with Nasdaq for continued listing and that its stock will continue to trade on The Nasdaq Stock Market. Eterna received formal confirmation on November 12th, 2024 from Nasdaq's Office of General Counsel, verifying that Eterna has met the market value of listed securities standard of at least $35 million, outlined in Listing Rule 5550(b)(2), and that Eterna is in compliance with all applicable continued listing standards. “With this achievement and the recent updates we've announced, we have transformed our company into a debt-free, low burn rate, fully functional preclinical stage cell therapy company with clear, focused developmental activities and near-term inflection points,” said Sanjeev Luther, President and CEO of Eterna Therapeutics. “With this compliance milestone behind us, we can continue to be laser focused on advancing ERNA-101 for our lead programs in triple-negative breast cancer and platinum-resistant, TP53-mutant ovarian cancer. Our goal remains t Show less Read more
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