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Stock Market & Financial Investment News

News Breaks
August 5, 2014
08:18 EDTDSCODiscovery Labs reports Q2 EPS (12c), consensus (15c)
Reports Q2 revenue $1.09M, consensus $580.000. Included in the EPS net loss is the change in fair value of certain common stock warrants that are classified as derivative liabilities, resulting in non-cash income of $1.4M.
News For DSCO From The Last 14 Days
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July 1, 2015
07:37 EDTDSCODiscovery Labs notified by NASDAQ of minimum bid price requirement noncompliance
Discovery Laboratories received a letter from The Nasdaq Stock Market indicating that, because the company's common stock has not maintained a minimum closing bid price of $1.00 per share over the previous 30 consecutive business days, the company is no longer in compliance with Nasdaq's Minimum Bid Price Requirement Listing Rule. The company has until December 28 to regain compliance with the Requirement. If during the grace period, the company's common stock achieves a minimum closing bid price of at least $1.00 per share for a period of at least ten consecutive business days, the company will regain compliance with the Minimum Bid Price Requirement and its common stock will continue to be eligible for listing on the Nasdaq Capital Market. The company may be eligible for an additional grace period through June 27, 2016.

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