Conduit Pharmaceuticals Regains Compliance With Nasdaq's Bid Price, Equity Requirements

MT Newswires Live

2025/05/21

Conduit Pharmaceuticals (CDT) said Wednesday it has regained compliance with Nasdaq's minimum bid price and stockholders' equity requirements, citing a notification from the stock exchange.

The biopharmaceutical company said Nasdaq's hearing panel has implemented a one-year Discretionary Panel Monitor starting May 15 to ensure long-term compliance.

Shares of the company were more than 3% higher in recent premarket activity.

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