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Entera Bio Regains Compliance With Nasdaq Minimum Bid Price Requirement

Author: Benzinga Newsdesk | March 04, 2024 09:47am

Entera Bio Ltd. (NASDAQ:ENTX), ("Entera" or the "Company") a leader in the development of orally delivered peptides, announced today that it received notice from The NASDAQ Stock Market LLC (NASDAQ) on March 1, 2024, informing the Company that it has regained compliance with the minimum bid price requirement under NASDAQ Listing Rule 5550(a)(2) (the "Rule") for continued listing on The NASDAQ Capital Market and the matter is now closed.

 

To regain compliance with the Rule, the Company's ordinary shares were required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, which was achieved on March 1st, 2024.

Posted In: ENTX

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