CohBar, Inc.: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing (Form 8-K)
November 27 2023 - 6:05PM
Business Wire
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued
Listing Rule or Standard; Transfer of Listing.
On November 20, 2023, CohBar, Inc. (the “Company”) was notified
by the Listing Qualifications Department (the “Staff”) of The
Nasdaq Stock Market LLC (“Nasdaq”) of its determination pursuant to
Nasdaq Listing Rule 5101 that, based upon the Staff’s belief that
the Company is a “public shell,” and that the continued listing of
the Company’s securities is no longer warranted, and the Company’s
non-compliance with certain board and committee composition listing
requirements under Nasdaq Listing Rule 5605 and certain of Nasdaq’s
filing requirements under Nasdaq Listing Rule 5250(c)(1), trading
of the Company’s common stock will be suspended at the opening of
business on November 29, 2023 unless the Company timely requests a
hearing before a Nasdaq Hearings Panel to appeal Nasdaq’s
determination and address the deficiencies. The Company does not
plan to request a hearing and expects that trading in the Company’s
common stock will be suspended upon the opening of business on
November 29, 2023. Thereafter, Nasdaq will file a Form 25-NSE with
the SEC to formally delist the Company’s common stock. Nasdaq has
not specified the exact date on which the Form 25-NSE will be
filed.
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version on businesswire.com: https://www.businesswire.com/news/home/20231127359445/en/
Craig R. Jalbert, President of CohBar, Inc., +1 508-543-1720 or
cohbar@vlpc.com
CohBar (NASDAQ:CWBR)
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