11:18 AM EDT, 09/18/2024 (MT Newswires) -- Galecto ( GLTO ) said Wednesday it has regained compliance with the Nasdaq Stock Market's minimum bid price requirement for continued listing.

The company regained compliance after the closing bid price its common stock was at $1 per share or higher from Aug. 30 through Sept. 13, according to a filing with the US Securities and Exchange Commission.

Galecto ( GLTO ) shares were down about 2% in recent trading.

Price: 13.76, Change: -0.28, Percent Change: -2.01