Given the current state of the market and the volatility in the
cryptocurrency and financial sector, it is crucial to assess whether OCGN stock adheres to the listing rules set forth by the NASDAQ exchange. Could you elaborate on the company's compliance status, specifically addressing factors such as market capitalization, minimum bid price, timely filing of financial reports, and adherence to corporate governance standards? Additionally, is there any recent news or developments that could potentially impact OCGN's compliance status? It is important to ensure that investors have a clear understanding of the company's listing status on the NASDAQ exchange.
5 answers
EthereumEmpireGuard
Fri Jul 12 2024
This compliance was achieved after the stock maintained a closing bid price of $1 or greater for ten consecutive trading days.
Giovanni
Fri Jul 12 2024
Meeting this criteria marked an important milestone for the company as it now fulfills the exchange's minimum-price requirement.
Lucia
Fri Jul 12 2024
Such a feat not only restores OCGN's position as a Nasdaq-listed company but also demonstrates the strength and stability of its stock performance.
LucyStone
Fri Jul 12 2024
Notably, on January 8th, there was a significant announcement regarding OCGN stock.
CryptoAlchemy
Fri Jul 12 2024
It was disclosed that OCGN had successfully regained compliance with the Nasdaq Exchange's listing rules.