NRx Pharmaceuticals, Inc. (NASDAQ:NRXP) (“NRx” or the “Company”), a clinical-stage biopharmaceutical company developing therapies for suicidal depression, chronic pain, and PTSD, today announced that on January 16, 2024, the Company was notified by The Nasdaq Stock Market LLC (“Nasdaq”) that the Nasdaq Hearings Panel (the “Panel”) granted the Company’s request for the transfer of its listing to The Nasdaq Capital Market, subject to the Company evidencing compliance with all applicable criteria for continued listing on the Capital Market tier, including the $35 million in market value of listed securities (MVLS) and the $1.00 bid price requirements. The Company believes it has already satisfied the market value of listed securities requirement and is working to evidence compliance with the minimum bid price requirement by April 16, 2024, as required by the Panel’s decision. An issuer must evidence compliance with the minimum threshold for at least ten consecutive business days to be deemed by Nasdaq to have complied with the applicable requirement.
Massachusetts Credit Union, Lighthouse Biz Solutions, Receives Certification For Cannabis And Hemp Banking Protocols
The Policy Center for Public Health & Safety announced that Massachusetts-based Lighthouse Biz Solutions, a wholly owned subsidiary of GFA Federal Credit Union, is the first east coast financial institution to become certified for outstanding U.S. monetary banking protocols in banking cannabis and hemp operations.
