Nasdaq delisting

Psyence Biomedical Ltd. (NASDAQ:PBM) has successfully obtained an extension from the Nasdaq Hearings Panel, giving the company until December 31, 2024, to meet the exchange's continued listing requirements. The decision, reached after a hearing on October 31, allows the company to remain listed...

Investors filed a class action lawsuit against WM Technology Inc. (NASDAQ:MAPS), commonly known as Weedmaps, accusing the company of issuing misleading and false statements regarding its performance metrics. According to a report by Debra Borchardt on Green Market Report, the lawsuit follows prior...

Seelos Therapeutics, Inc. (NASDAQ:SEEL), a biopharmaceutical company developing treatments for central nervous system disorders and rare diseases, announced that it received a notice on October 14, 2024, from the Nasdaq Hearings Panel to delist its common stock. This decision follows Seelos...

Bright Green Corporation (NASDAQ:BGXX) announced on Monday that trading of its shares has been suspended from the Nasdaq Stock Exchange, following the cancellation of a scheduled September 26 delisting appeal hearing. No more details were provided at the time of the writing of this article. The...

In a move to expedite the delisting process for non-compliant companies, Nasdaq is proposing stricter rules for penny stocks, according to a filing on the exchange operator’s website. What Happened: At present, Nasdaq mandates that companies listed on its exchanges maintain a closing price...

In a significant development, Dynatronics Corporation (NASDAQ:DYNT) experienced a pre-market surge of 40% on Monday. This comes just a day before it transitions to the OTCQB Venture Market, following its delisting from Nasdaq. What Happened: Dynatronics’ stock was trading at $0.2982, marking...