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Eagle Faces Down Nasdaq Delisting After Failing To File Critical Financial Documents

Hearing Before Nasdaq’s Hearing Panel Scheduled For 11 July As Delays Accumulate

 
• By Dean Rudge

Eagle Pharmaceuticals has responded to the Nasdaq’s threat to delist its securities from the stock exchange after racking up a number of overdue financial documents. Generics Bulletin delves into the ongoing saga.

Manhattan, New York / USA July 15, 2008. Nasdaq building, NYPDand pedestrians.
• Source: Shutterstock

Eagle Pharmaceuticals has for now averted the impending suspension and removal of its shares from the Nasdaq Capital Market list after earlier being pulled up by the stock exchange for failure to timely file important financial information.

The Nasdaq had earlier initiated a process to delist the company’s securities because of Eagle’s negligence in filing both its third-quarter 2023 form 10-Q and fourth-quarter 2023 form 10-K documents, as well as its most recently due first-quarter 2024

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