Equillium Inc (EQ) has released an update.
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Equillium, Inc. has successfully regained compliance with Nasdaq’s minimum bid price requirement for continued trading on The Nasdaq Capital Market. After previously failing to meet the $1.00 minimum bid price, the company was granted an extra 180 days to rectify the issue. They managed to maintain their stock price above $1.00 for at least 10 consecutive business days, thus meeting the necessary conditions for compliance as of February 20, 2024.
For further insights into EQ stock, check out TipRanks’ Stock Analysis page.