Ocean Biomedical Inc. Faces Delisting from Nasdaq as Appeal is Denied by Listing Council

Reuters
2025.07.23 21:28
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Ocean Biomedical Inc. is facing delisting from Nasdaq as the Listing and Hearing Review Council has upheld the decision to suspend trading of its shares, effective April 24, 2025. The Nasdaq Hearings Panel initially decided on this action on April 22, 2025, and despite the company's appeal, the Listing Council affirmed the decision, marking a significant challenge for the company.