NEWS
Mustang Bio Receives Positive Listing Determination from Nasdaq
Mustang Bio (MBIO) has received a positive determination from the Nasdaq Hearings Panel, granting an extension to meet continued listing requirements. The company must achieve a $1.00 minimum bid price by January 31, 2025, and demonstrate $2.5 million stockholders' equity by February 18, 2025. While exploring options to maintain its Nasdaq listing, the company acknowledges there's no guarantee of meeting these requirements within the extended timeframe.
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