01:42 PM EDT, 08/22/2024 (MT Newswires) -- Anew Medical ( WENA ) said it received two noncompliance letters from Nasdaq.

The company failed to meet the exchange's minimum market value of publicly held shares and minimum market value of listed securities requirements, according to a regulatory filing dated Wednesday.

The company said it has until Feb. 12 to regain compliance by ensuring that the minimum market value of shares was at least $15 million for 10 straight days and the minimum market value of listed securities was at least $50 million for the same duration.

Price: 1.20, Change: +0.01, Percent Change: +0.84