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The Determination will not result in the immediate suspension of trading or delisting of the Company's securities.
However, unless the Company requests an appeal of the Determination by October 8, 2024, trading of the Company's common stock will be suspended from The Nasdaq Capital Market at the opening of business on October 10, 2024, and a Form 25-NSE will be filed with the SEC, which will remove the Company's securities from listing and registration on Nasdaq.
Posted In: LUNA