Exicure (XCUR) said late Thursday that it regained compliance with listing rules requiring companies to maintain at least $2.5 million in stockholders' equity to continue listing shares on the Nasdaq Capital Market.
The company completed stock offerings in November and earlier this month that generated a combined $12 million in gross proceeds, which was enough to lift it back above the $2.5 million minimum by a Dec. 17 deadline, it said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.