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Molecular Templates Announces Notice of Delisting and Failure to Satisfy Continued Listing Rules
Molecular Templates, Inc. has been notified by Nasdaq of its delisting due to being classified as a "public shell" and failing to comply with listing rules, including not filing its quarterly report and maintaining a required bid price. Trading of its common stock will be suspended on December 26, 2024. The company does not plan to appeal this decision and warns investors about the speculative nature and risks associated with its securities.
Source: Benzinga The copyright of this article belongs to the original author/organization.
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