BeyondSpring Regains Compliance with Nasdaq Minimum Bid Price Requirement
30 Outubro 2023 - 9:00AM
BeyondSpring Inc. (NASDAQ: BYSI) (“BeyondSpring” or the “Company”),
a global clinical-stage biopharmaceutical company focused on using
a groundbreaking technology platform for drug discovery and
developing innovative therapies to improve clinical outcomes for
patients with high unmet medical needs, today announced that on
October 27, 2023, it received a written notification (the
“Notification Letter on Compliance”) from the Listing
Qualifications Department from The Nasdaq Stock Market LLC
(“Nasdaq”) that the Company has regained compliance with the
minimum bid price requirement set forth in Rule 5550(a)(2) of the
Nasdaq Listing Rules.
According to the Notification Letter on Compliance, the staff of
Nasdaq has determined that for the 10 consecutive business days,
from October 13, 2023 to October 26, 2023, the closing bid price of
the Company’s ordinary shares has been at $1.00 per share or
greater, and the Company has regained compliance with the Nasdaq
Listing Rule 5550(a)(2) and the bid price deficiency matter as
previously disclosed is now closed.
About BeyondSpringBeyondSpring
(NASDAQ: BYSI) is a global clinical-stage biopharmaceutical company
focused on developing innovative therapies to improve clinical
outcomes for patients with high unmet medical needs. The Company is
advancing its first-in-class lead asset, Plinabulin, as a direct
anti-cancer agent in various cancer indications and to prevent
chemotherapy-induced neutropenia. Its pipeline also includes three
preclinical immuno-oncology assets. Additionally, BeyondSpring’s
subsidiary, SEED Therapeutics, leverages a proprietary targeted
protein degradation (TPD) drug discovery platform and has an
initial R&D collaboration with Eli Lilly. Learn more by
visiting https://beyondspringpharma.com.
Investor
Contact:IR@beyondspringpharma.com
Media
Contact:PR@beyondspringpharma.com
BeyondSpring (NASDAQ:BYSI)
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