Portage Biotech Announces Receipt of Nasdaq Noncompliance Letter
Portage Biotech Inc. (PRTG)
Company Research
Source: GlobeNewswire
No impact at this time on the listing of the Company’s Ordinary Shares on NasdaqCompany intends to submit to Nasdaq a compliance plan WESTPORT, Conn., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Portage Biotech Inc. (“Portage” or the “Company”) (NASDAQ: PRTG), a clinical-stage immuno-oncology company with a portfolio of novel multi-targeted therapies for use as monotherapy and in combination, announced today that it received written notice (the “Notice”) from The Nasdaq Stock Market, LLC (“Nasdaq”) on December 10, 2024 indicating that the Company was not in compliance with the minimum shareholders’ equity requirement for continued listing on The Nasdaq Capital Market (the “Capital Market”) as set forth in Nasdaq Listing Rule 5550(b)(1) (the “Shareholders’ Equity Requirement”), because the Company’s shareholders’ equity of $695,000 as of September 30, 2024, as reported in the Company’s Report on Form 6-K containing unaudited condensed consolidated interim financial statements for the three an
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PRTG
News
- Portage Biotech Reports Results for Fiscal Quarter Ended September 30, 2024 [Yahoo! Finance]Yahoo! Finance
- Portage Biotech Reports Results for Fiscal Quarter Ended September 30, 2024GlobeNewswire
- Portage Biotech's Market Cap Drops To US$4.3m Leaving Insiders With Losses [Yahoo! Finance]Yahoo! Finance
PRTG
Sec Filings
- 12/19/24 - Form SCHEDULE
- 12/13/24 - Form 424B3
- 12/13/24 - Form 6-K
- PRTG's page on the SEC website