Biotech Curis Inc. said Nasdaq confirmed it has regained compliance with the bid price listing rule (Rule 5550(a)(2)) and is in full compliance with the terms of its Nasdaq hearings panel. As a result, Curis avoids an immediate delisting, but it is now under a one-year discretionary panel monitor. If it falls out of compliance again during that period, Nasdaq would start delisting proceedings and Curis would have to go back to a hearings panel, without being allowed to submit a compliance plan or get extra time.
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