RNAZ - TransCode Therapeutics (NASDAQ: RNAZ) Regains Nasdaq Compliance with Minimum Stockholders' Equity Requirement

2024-02-01 09:18:23 ET

DENVER, Colo., Feb. 1, 2024 ( www.247marketnews.com )- TransCode Therapeutics, Inc. (NASDAQ: RNAZ) announced, after yesterday’s market close, that it received notice from the NASDAQ Stock Market LLC that TransCode Therapeutics regained compliance with the minimum stockholders’ equity requirement under Nasdaq Listing Rule 5550(b)(1) for continued listing on the Nasdaq Capital Market.

TransCode Therapeutics is trading at $0.75, up $0.059 (+8.54%), on 1.7M shares traded.

Its 52-week range is $0.6853 to $728.00. It’s been hugging its 52-week low for nearly two weeks.

TransCode is a clinical-stage oncology company focused on treating metastatic disease. The company is committed to defeating cancer through the intelligent design and effective delivery of RNA therapeutics based on its proprietary TTX nanoparticle platform. The company’s lead therapeutic candidate, TTX-MC138, is focused on treating metastatic tumors which overexpress microRNA-10b, a unique, well-documented biomarker of metastasis. In addition, TransCode is developing a portfolio of first-in-class RNA therapeutic candidates designed to overcome the challenges of RNA delivery and thus unlock therapeutic access to a variety of novel genetic targets that could be relevant to treating a variety of cancers.

Website: www.transcodetherapeutics.com

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