ANVS stock news · Annovis Bio, Inc.
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Annovis Bio got a warning from the NYSE for not meeting listing rules because its value dropped too low.
Bad for ANVSAnnovis Bio fell short of NYSE listing rules because its market value and stockholders' equity were both below $50 million. The risk of losing its listing makes this bad news, despite time to fix the issue.
Annovis Bio has been told by the NYSE that it might be removed from the stock exchange.
Bad for ANVSAnnovis Bio received notice that it no longer meets the NYSE’s listing rules. Its shares remain listed for now, but the risk of removal makes this bad news for the company.