NuCana receives Nasdaq notice of non-compliance

NuCana announced that it received written notification from The Nasdaq Stock Market dated January 3, 2023, indicating that, based upon a closing bid price of less than $1.00 per share for the company’s American Depositary Shares for the prior 30 consecutive business day period, the company no longer satisfies Nasdaq Listing Rule 5450(a)(1). The Notification Letter has no immediate effect on the listing of the ADSs, and they will continue to trade on The Nasdaq Global Select Market under the symbol "NCNA".