NASDAQ CM delisting notice
$Unicycive Therapeutics (UNCY.US)$ has until January 6, 2025 to get its closing share price above $1.00 for 10 consecutive days or will face desliting on the NASDAQ CM. the company has also fallen below the $35 million minimum market value and has until January 7, 2025 to get its market value above $35 million for 10 consecutive days or the company will face delisting. The company plans to get its market value above the minimum level in the short term. The company may either do a reverse stock split to raise the share price above its minimum threshold or wait and hope that the share price rises above $1.00 on its own following good news. No need to panic now, but $Unicycive Therapeutics (UNCY.US)$ will have to make some choices and take action within the next 3 months.
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