Altamira Therapeutics (CYTO) has released an update.
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Altamira Therapeutics Ltd. has been notified by Nasdaq of non-compliance with the minimum bid price rule after its shares closed below $1.00 for 30 consecutive days. The company is ineligible for a cure period due to prior reverse stock splits and plans to appeal the decision to maintain its listing. Altamira, known for developing RNA delivery technologies and holding a significant stake in Altamira Medica AG, is awaiting the hearing panel’s decision.
For further insights into CYTO stock, check out TipRanks’ Stock Analysis page.
