Market Overview

Aeterna Zentaris Receives Notification from NASDAQ Relating to Minimum Bid Price


Aeterna Zentaris Inc. (NASDAQ: AEZS) announced today that it has received a notice from The NASDAQ Stock Market indicating that the Company's minimum bid price has fallen below $1.00 for 30 consecutive business days, and, therefore, was not in compliance with NASDAQ Marketplace Rule 5450(a)(1).

The Company has been provided 180 calendar days, or until November 12, 2012, to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Company's common stock must be at least $1.00 per share for a minimum of 10 consecutive business days. This notice does not impact the Company's listing on The NASDAQ Global Market at this time.

Posted-In: News


Related Articles (AEZS)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→