Ocugen Inc (OCGN) has shared an update.
A company that had been under scrutiny by Nasdaq for not meeting the minimum stock price requirement has successfully bounced back. By maintaining their stock price above $1.00 for ten consecutive days, they’ve shown solid performance and regained compliance with Nasdaq’s listing rules. The issue, which had been a concern since May 2023, is now resolved, marking a positive turn for the company’s financial standing in the market.
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