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Annovis Bio Receives NYSE Noncompliance Notice Over Listing Shortfalls

The notice cited a 30-trading-day average market capitalization of about $48.4 million and a stockholders’ deficit of about $4.3 million.

Stone columns stand in pale dawn light outside an exchange building / TokenPost.ai
Stone columns stand in pale dawn light outside an exchange building / TokenPost.ai

Annovis Bio, Inc. (NYSE: ANVS) received a noncompliance notice from the New York Stock Exchange on Oct. 29 after falling short of continued-listing standards for market capitalization and stockholders’ equity.

The company’s average market capitalization over 30 trading days was about $48.4 million as of Oct. 28. Its stockholders’ deficit was about $4.3 million as of June 30.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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