Replies to post #117808 on NorthWest Biotherapeutics Inc (NWBO)

[HappyLibrarian]

NWBO admitted that they were going to do the reverse split to stay in compliance with NASDAQ rules but when they discovered the NASDAQ rules would prevent them from doing more toxic dilution for a long period of time, NWBO decided to accept delisting instead.

[chinatown1980]

Do you not read Northwest's PR's?

"The company planned to conduct a Special Meeting shortly after the upcoming Annual Meeting, to obtain shareholder approval for the reverse split..."


https://www.nwbio.com/nw-bio-announces-decision-to-voluntarily-withdraw-from-nasdaq-listing-and-begin-trading-on-otc-market/