CYTR ($0.44) - Has until August 17 to satisfy NASDAQ Capital initial requirements, which it should meet, giving it an extra 180 days on NASDAQ
Do you know which criteria CytRx doesn't meet when they received the delisting warning?If you don't, it is the Closing Bid criteria. To satisfy it, the Closing Bid needs to be >=$1 for 10 trading days.CytRx will not meet the listing criteria by Aug 17. Since they meet all the other requirements, they will probably get the 180 days extension to meet the Closing Bid requirement.
Which is fine!