HCW Biologics faces potential delisting from Nasdaq due to failing market value thresholds.
HCW Biologics Inc., a biopharmaceutical company, has failed to meet Nasdaq's $50 million threshold for the market value of its listed securities, leading to a potential delisting. The company received a notice and is planning to request a hearing to appeal the decision and seek an extension to regain compliance. HCW Biologics' stock price dropped by 13.1% to 39 cents following the news.
3 months ago
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