Apollomics Regains Nasdaq Bid Price Compliance
Ticker: APLMW · Form: 6-K · Filed: Dec 10, 2024 · CIK: 1944885
| Field | Detail |
|---|---|
| Company | Apollomics Inc. (APLMW) |
| Form Type | 6-K |
| Filed Date | Dec 10, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | bullish |
Sentiment: bullish
Topics: listing-compliance, nasdaq, press-release
TL;DR
Apollomics is back in Nasdaq's good graces on bid price, no delisting fears for now.
AI Summary
On December 10, 2024, Apollomics Inc. announced it has received a notice from Nasdaq confirming it has regained compliance with the minimum closing bid price requirement of $1.00 per share. This positive development allows the company to continue trading on the Nasdaq Stock Market.
Why It Matters
Regaining compliance with Nasdaq's minimum bid price requirement is crucial for Apollomics to maintain its listing on the exchange, avoiding potential delisting and preserving investor confidence.
Risk Assessment
Risk Level: low — The filing is a routine update confirming compliance with a listing requirement, indicating no new negative events.
Key Numbers
- $1.00 — Minimum Bid Price (This is the threshold Apollomics Inc. needed to meet to regain compliance with Nasdaq listing rules.)
Key Players & Entities
- Apollomics Inc. (company) — The company filing the report and receiving the Nasdaq notice.
- Nasdaq (company) — The stock exchange that issued the notice regarding bid price compliance.
- $1.00 (dollar_amount) — The minimum closing bid price per share required by Nasdaq.
- December 10, 2024 (date) — The date Apollomics Inc. announced its receipt of the Nasdaq notice.
FAQ
What specific requirement did Apollomics Inc. regain compliance with?
Apollomics Inc. regained compliance with Nasdaq's requirement to maintain a minimum closing bid price of $1.00 per share.
When did Apollomics Inc. receive the notice from Nasdaq?
Apollomics Inc. received the notice on December 10, 2024.
What is the significance of regaining compliance with the bid price requirement?
Regaining compliance allows Apollomics Inc. to maintain its listing on The Nasdaq Stock Market.
What is the address of Apollomics Inc.'s principal executive office?
The address is 989 E. Hillsdale Blvd., Suite 220, Foster City, California 94404.
What form is this SEC filing?
This SEC filing is a Form 6-K.
Filing Stats: 349 words · 1 min read · ~1 pages · Grade level 9.4 · Accepted 2024-12-10 16:10:49
Key Financial Figures
- $1.00 — maintain a minimum closing bid price of $1.00 per share. A copy of the press release
Filing Documents
- d834443d6k.htm (6-K) — 11KB
- d834443dex991.htm (EX-99.1) — 8KB
- g834443g1210224807359.jpg (GRAPHIC) — 2KB
- 0001193125-24-274340.txt ( ) — 23KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Apollomics Inc. Date: December 10, 2024 By: /s/ Guo-Liang Yu Guo-Liang Yu, Ph.D. Chief Executive Officer 3