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ggwpq

08/29/20 3:17 PM

#293663 RE: jomama9231 #293649

No halt on Wednesday because unlike adcom, there is no definitive answer such as adcom vote after the hearing.
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marjac

08/29/20 5:55 PM

#293708 RE: jomama9231 #293649

The issue of a trading halt is a little outside of my expertise because it is not really a legal issue, but gg's answer seems to make a lot of sense.
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lizzy241

08/29/20 6:14 PM

#293716 RE: jomama9231 #293649

jomama, I don't believe OA are considered a material event, when the company announces the results of the appeal then the stock will be halted as it's a material event. OA will be a matter of interpretation amongst the legal beagles. Unless the stock trades erratically based on a formula set forth by the rules of Nasdaq, it may trigger a halt for a while but it's unlikely.
I hope that helps with your question.