TwongStocks Profile picture
Biotech trader/investor. Dumpster diving clinical stage biotechs. I am not a financial advisor. Opinions are my own.
Aug 10, 2022 7 tweets 2 min read
$EVFM is an example of peak management hubris. They just announced they will be delisted by NASDAQ. How did they get to this point? A 🧵
/1 #biotech #trashco On 23 Aug 2021, $EVFM was notified by NASDAQ that they were non-compliant with the min $1 bid price. Compliance deadline was 21 Feb 2022.

They weren't compliant by the Feb deadline. So they requested a hearing. /2