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Biotechnology company Cidara Therapeutics ( NASDAQ: CDTX ) said it has received a Nasdaq notice on having regained compliance with the stock exchange's minimum bid price requirement.
Nasdaq had first notified the company on Feb. 28, 2022, that its shares had failed to maintain a minimum bid price of $1.00 for 30 consecutive business days.
The Nasdaq Hearings Panel now considers the matter closed.