Wednesday, December 25, 2024 | Baltimore, MD
FOLLOW US:

Silver Spring regenerative medicine firm Elutia regains Nasdaq compliance as business prospects brighten

January 3, 2024

Silver Spring regenerative medicine company Elutia Inc. (NASDAQ: ELUT) has regained compliance with the Nasdaq after teetering on the edge of a delisting, thanks to a recent uptick in its stock price. The firm, formerly called Aziyo Biologics, was able to maintain its spot on the exchange after its market value climbed to and stayed above $35 million for 10 consecutive trading days, according to a Dec. 27 Securities and Exchange Commission filing.

Article Source: Washington Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.