Klotho Neurosciences, Inc. Regains Full Compliance with NASDAQ Minimum Closing Bid Price and Stockholder Equity Rules
Klotho Neurosciences (NASDAQ:KLTO), a gene and cell therapy company focused on neurodegenerative and aging-related diseases, has regained full compliance with NASDAQ's listing requirements. The company has met both the minimum $1.00 bid price requirement and the minimum stockholders' equity threshold of $2.5 million.
While KLTO will maintain its NASDAQ listing, the exchange will continue monitoring the company's compliance with stockholders' equity requirements for one year. If KLTO falls below the minimum equity threshold during this period, it could face delisting but would have the opportunity to request a hearing.
Klotho Neurosciences (NASDAQ:KLTO), un'azienda specializzata in terapie geniche e cellulari focalizzata su malattie neurodegenerative e legate all'invecchiamento, ha riconquistato la piena conformità ai requisiti di quotazione del NASDAQ. La società ha soddisfatto sia il requisito minimo di prezzo di offerta di 1,00 $ sia la soglia minima di patrimonio netto degli azionisti di 2,5 milioni di dollari.
Pur mantenendo la quotazione al NASDAQ, la borsa continuerà a monitorare la conformità della società ai requisiti di patrimonio netto per un anno. Se durante questo periodo KLTO dovesse scendere al di sotto della soglia minima, potrebbe essere soggetta a esclusione dalla quotazione, ma avrà la possibilità di richiedere un'udienza.
Klotho Neurosciences (NASDAQ:KLTO), una empresa de terapia génica y celular enfocada en enfermedades neurodegenerativas y relacionadas con el envejecimiento, ha recuperado el cumplimiento total con los requisitos de cotización del NASDAQ. La compañÃa ha cumplido tanto con el requisito mÃnimo de precio de oferta de 1,00 $ como con el umbral mÃnimo de patrimonio neto de los accionistas de 2,5 millones de dólares.
Aunque KLTO mantendrá su cotización en NASDAQ, la bolsa continuará supervisando el cumplimiento de la compañÃa con los requisitos de patrimonio neto durante un año. Si KLTO cae por debajo del umbral mÃnimo durante este perÃodo, podrÃa enfrentar la exclusión de la cotización, pero tendrÃa la oportunidad de solicitar una audiencia.
Klotho Neurosciences (NASDAQ:KLTO)ëŠ� ì‹ ê²½í‡´í–‰ì„� ë°� 노화 ê´€ë � 질환ì—� 중ì ì� ë‘� ìœ ì „ìž� ë°� ì„¸í¬ ì¹˜ë£Œ 회사ë¡�, NASDAQ ìƒìž¥ 요건ì� ì™„ì „íž� 충족하였습니ë‹�. 회사ëŠ� 최소 1.00달러 ìž…ì°° ê°€ê²� 요건ê³� 최소 250ë§� 달러 주주 ìžë³¸ 기준ì� ëª¨ë‘ ë§Œì¡±ì‹œì¼°ìŠµë‹ˆë‹�.
KLTOëŠ� NASDAQ ìƒìž¥ì� ìœ ì§€í•˜ê² ì§€ë§�, 거래소는 1ë…� ë™ì•ˆ 주주 ìžë³¸ 요건 준수를 ê³„ì† ëª¨ë‹ˆí„°ë§í•� ì˜ˆì •ìž…ë‹ˆë‹�. ì� 기간 ë™ì•ˆ KLTOê°€ 최소 ìžë³¸ 기준 아래ë¡� 떨어지ë©� ìƒìž¥ íì§€ë� ìˆ� 있으ë‚�, ì²ë¬¸íšŒë¥¼ ìš”ì²í•� 기회ë¥� 갖게 ë©ë‹ˆë‹�.
Klotho Neurosciences (NASDAQ:KLTO), une entreprise spécialisée dans les thérapies géniques et cellulaires axée sur les maladies neurodégénératives et liées au vieillissement, a retrouvé sa conformité totale aux exigences de cotation du NASDAQ. La société a respecté à la fois le prix d'offre minimum de 1,00 $ et le seuil minimum de capitaux propres des actionnaires de 2,5 millions de dollars.
Bien que KLTO conserve sa cotation au NASDAQ, la bourse continuera de surveiller la conformité de la société aux exigences de capitaux propres pendant un an. Si KLTO descend en dessous du seuil minimum au cours de cette période, elle pourrait être radiée, mais aura la possibilité de demander une audience.
Klotho Neurosciences (NASDAQ:KLTO), ein Unternehmen für Gen- und Zelltherapie mit Schwerpunkt auf neurodegenerativen und altersbedingten Erkrankungen, hat die vollständige Einhaltung der NASDAQ-Notierungsanforderungen wiedererlangt. Das Unternehmen erfüllt sowohl die Mindestgebotspreis-Anforderung von 1,00 $ als auch die Mindestanforderung an das Eigenkapital der Aktionäre von 2,5 Millionen Dollar.
Obwohl KLTO seine NASDAQ-Notierung beibehält, wird die Börse die Einhaltung der Eigenkapitalanforderungen durch das Unternehmen weiterhin ein Jahr lang überwachen. Sollte KLTO während dieses Zeitraums unter die Mindestkapitalanforderung fallen, könnte dies zur Delistung führen, wobei das Unternehmen die Möglichkeit hat, eine Anhörung zu beantragen.
- Regained compliance with NASDAQ's minimum $1.00 bid price requirement
- Met minimum stockholders' equity threshold of $2.5 million
- Maintains NASDAQ listing status
- Company remains under one-year monitoring period for stockholders' equity compliance
- Risk of potential delisting if equity requirements are not maintained
Klotho Neurosciences Maintains Listing on the NASDAQ
The Company is now in full compliance with all NASDAQ continued listing requirements and will remain listed and traded on the NASDAQ Stock Market.
NASDAQ will continue to monitor the Company's ongoing compliance with the stockholders' equity requirement for a period of one year. Should the Company fall out of compliance with the minimum equity rule during that time, the Company would become subject to delisting without a cure period but will have the opportunity to request a new hearing should that event occur.
About Klotho Neurosciences, Inc.
Klotho Neurosciences, Inc. (NASDAQ: KLTO), is a biogenetics company focused on the development of innovative, disease-modifying cell and gene therapies using a protein derived from a patented form of the "anti-aging" human Klotho gene (s-KL), and its novel delivery systems to transform and improve the treatment of neurodegenerative and age-related disorders such as ALS, Alzheimer's, and Parkinson's disease. The Company's current portfolio consists of its proprietary cell and gene therapy programs using DNA and RNA as therapeutics and genomics-based diagnostic assays. The Company is managed by a team of individuals and advisors who are highly experienced in biopharmaceutical product development and commercialization.
For more information, please visit the company's website at www.klothoneuro.com.
Investor Contact and Corporate Communications: - Jeffrey LeBlanc, CFO
[email protected]
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the
View original content to download multimedia:
SOURCE Klotho Neurosciences, Inc.