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Chemomab Therapeutics granted 180-day extension to regain Nasdaq compliance

Chemomab Therapeutics granted 180-day extension to regain Nasdaq compliance

Chemomab Therapeutics Ltd. announced that it received formal notification from the Listing Qualification Department of the Nasdaq Stock Market notifying the company that it has been granted an additional 180-day compliance period, or until November 4, 2024, to regain compliance with Nasdaq’s minimum $1.00 bid price per share requirement. If at any time until November 4, 2024, the closing bid price of Chemomab’s American Depositary Shares is at least $1.00 per ADS for a minimum of 10 consecutive trading days, Nasdaq will provide written confirmation of compliance to the company and the matter will be closed.

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