Biophytis announces transfer of ADSs to OTC Market following Nasdaq delisting
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 24 2024
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Source: SeekingAlpha
- Biophytis Delisting from Nasdaq: Biophytis received a notice from Nasdaq to delist its American Depositary Shares (ADSs) due to non-compliance with stockholders' equity requirements.
- Trading Suspension and Delisting: Nasdaq will suspend trading in Biophytis' ADSs starting April 26 and file for formal delisting with the SEC.
- OTC Markets Trading: Biophytis anticipates its ADSs will trade on OTC Pink Current Information tier under the symbol "BPTS" while applying for the OTCQB market.
- Seeking Alpha's Quant Rating: Seeking Alpha provides a Quant Rating on Biophytis, offering insights into the company's performance.
- Financial Information Available: Historical earnings data and financial information for Biophytis are accessible for investors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
