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Allarity Therapeutics Regains Compliance with NASDAQ Minimum Bid Price Requirement
Boston (April 29, 2024) — Allarity Therapeutics, Inc. (“Allarity” or the “Company”) (NASDAQ: ALLR), a clinical-stage pharmaceutical company dedicated to developing personalized cancer treatments, today announced that on April 27, 2024, it received formal notice from The Nasdaq Stock Market, LLC’s Office of General Counsel (“Nasdaq”). This notice confirmed that the Company has regained compliance with the minimum bid price requirement as set forth in Nasdaq’s Listing Rule 5550(a)(2) (the “Bid Price Rule”). Nasdaq noted that since April 9, 2024, Allarity’s stock has maintained a closing bid price above $1.00 per share for more than ten consecutive trading days, thereby meeting the requirements for regaining compliance.
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May 16, 2024
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The Go Digit IPO, backed by none other than cricket legend @imVkohli, has hit a subscription rate of 0.55x by Day 2! 🏏💼 Retail investors are all in at 2.22x, while there’s still room for QIBs and NIIs to join the innings! 📈 #GoDigitIPO #ViratKohli #Investing #StockMarket https://t.co/LH9epMEm2m
The Go Digit IPO, backed by none other than cricket legend @imVkohli, has hit a subscription rate of 0.55x by Day 2! 🏏💼 Retail investors are all in at 2.22x, while there’s still room for QIBs and NIIs to join the innings! 📈 #GoDigitIPO #ViratKohli #Investing #StockMarket https://t.co/LH9epMEm2m
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Allarity Therapeutics Regains Compliance with NASDAQ Minimum Bid Price Requirement
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10 Comments
Most Voted
16 days ago
Great news from Allarity Therapeutics! They’ve regained compliance with Nasdaq’s minimum bid price requirement. What’s next for the company?
16 days ago
Does this compliance achievement signal a positive trend for Allarity’s future performance?
16 days ago
Impressive turnaround by Allarity Therapeutics to meet NASDAQ’s bid price rule! 👏
16 days ago
Great news for Allarity Therapeutics! 🎉
16 days ago
Looks like Allarity’s back on track!
16 days ago
Good to see them bouncing back. Now, let’s hope they can keep the momentum rolling and shake off any future hurdles.
16 days ago
The news of Allarity Therapeutics regaining compliance with NASDAQ’s minimum bid price requirement is undoubtedly a relief for investors. With this hurdle cleared, what strategic steps does the company plan to take to ensure sustained growth and shareholder value?
15 days ago
Bid price hurdle cleared.
15 days ago
Compliance regained.
15 days ago
Allarity meets NASDAQ requirement.