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Stock impact report

Alzamend Neuro Regains Compliance with Nasdaq's Minimum Bid Price Requirement [Yahoo! Finance]

Alzamend Neuro, Inc. (ALZN) 
Company Research Source: Yahoo! Finance
focused on developing novel products for the treatment of Alzheimer's disease (" Alzheimer's "), bipolar disorder (" BD "), major depressive disorder (" MDD ") and post-traumatic stress disorder (" PTSD "), today announced that it has received a notification letter (the " Compliance Notice ") from the Listing Qualifications Staff of the Nasdaq Stock Market, LLC (" Nasdaq ") dated November 15, 2023, informing Alzamend that it has regained compliance with Nasdaq Listing Rule 5550(a)(2) (the " Minimum Bid Price Requirement "). In order to regain compliance with the Minimum Bid Price Requirement, Alzamend's common stock was required to maintain a closing bid price of at least $1.00 per share for a minimum of ten consecutive trading days. The Minimum Bid Price Requirement was met on November 13, 2023. Accordingly, in the Compliance Notice, Nasdaq stated that the matter is now closed. The Compliance Notice is unrelated to the previously disclosed notice received by Alzamend from Nasdaq on Show less Read more
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