ProNAi Therapeutics Inc (SRRA)

[RNsidersbuying]

Not sure, only speculating on what seems inevitable. Either they pump above a buck pps by January 13 or do an R/S?

If the Company is not in compliance by January 13, 2020, the Company may be afforded a second 180 calendar day period to regain compliance. To qualify, the Company would need to transfer the listing of its common stock to the Nasdaq Capital Market, provided that it meets the continued listing requirement for the market value of publicly held shares and all other initial listing standards, except for the minimum bid price requirement. In addition, the Company will be required to pay an application fee to Nasdaq and will need to notify Nasdaq of its intent to cure the minimum bid price deficiency, which may include, if necessary, implementing a reverse stock split, during the additional compliance period.