Seelos Therapeutics Announces Notice of Delisting from Nasdaq and Transfer of Listing to Over-the-Counter Market
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 15 2024
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Source: PRnewswire
Delisting from Nasdaq: Seelos Therapeutics, Inc. has been notified by the Nasdaq Hearings Panel that its common stock will be delisted due to non-compliance with the minimum stockholder's equity requirement, effective October 16, 2024, when trading will shift to OTCQB.
Company Overview: Seelos is a clinical-stage biopharmaceutical company focused on developing therapies for central nervous system disorders and rare diseases, with several late-stage clinical assets targeting conditions like Major Depressive Disorder and amyotrophic lateral sclerosis.
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.
