Replies to post #300737 on Avid Bioservices Inc (CDMO)

[geocappy1]

No, she said the plan was stated. Look at the copy of her email I posted.

[revenue_monster]

here is the detailed plan

"At that point, NASDAQ will schedule a hearing, which is typically held within 45 days and we will present our plan to regain compliance. We are considering several paths to regain compliance, including having additional time to continue to allow the market to adjust -- to reflect the current value of Avid as evidence with the recent movement in our share price. The hearing panel could afford us up to 180 additional days to regain compliance; although, this additional time is not guaranteed and this decision is at the discretion of the NASDAQ’s hearings panel"