Nasdaq Panel Grants NLS Pharmaceutics' Request for Extension to Comply with Continued Listing Requirements [Yahoo! Finance]
NLS Pharmaceutics Ltd. - Common Shares (NLSP)
Company Research
Source: Yahoo! Finance
biopharmaceutical company dedicated to pioneering therapies for rare and complex central nervous system disorders, announced today that it received notice from the Nasdaq Hearings Panel ("Panel") of The Nasdaq Stock Market ("Nasdaq") that it has granted the Company an extension to regain compliance with the continued listing requirements for The Nasdaq Capital Market, as discussed more fully below. Subject to the Company meeting certain financial, share price and other requirements by September 3, 2024 and October 14, 2024, the Panel granted the Company an extension until October 14, 2024, to regain compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 of the Company's common shares, and Nasdaq Rule 5550(b)(1), which requires a minimum of $2,500,000 of stockholders' equity, or satisfy any of the alternative requirements in Listing Rule 5550(b). As previously disclosed by the Company, on April 17, 2024, NLS received a determination letter from
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News
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NLSP
Sec Filings
- 9/25/24 - Form 6-K
- 9/19/24 - Form 6-K
- 9/17/24 - Form 6-K
- NLSP's page on the SEC website