Psyence Biomedical receives Nasdaq notification regarding minimum bid price deficiency

Group of biochemists working on new research in laboratory.

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  • Psyence Biomedical (NASDAQ:PBM) said Wednesday it received a letter from Nasdaq for not meeting the minimum bid price of $1.00 per share required for continued listing.
  • Psyence Biomedical (PBM) has 180 calendar days, or until December 24, 2024 to regain compliance with the Minimum Bid Price Rule.
  • Source: Press Release