Freeline Receives Approval to Transfer to Nasdaq Capital Market
LONDON, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Freeline Therapeutics Holdings plc (Nasdaq: FRLN) (the Company or Freeline) today announced that it received approval from the Nasdaq Stock Market LLC (Nasdaq) to transfer the listing of its American Depositary Shares (ADSs) representing ordinary shares of the Company from The Nasdaq Global Select Market to The Nasdaq Capital Market.
- LONDON, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Freeline Therapeutics Holdings plc (Nasdaq: FRLN) (the Company or Freeline) today announced that it received approval from the Nasdaq Stock Market LLC (Nasdaq) to transfer the listing of its American Depositary Shares (ADSs) representing ordinary shares of the Company from The Nasdaq Global Select Market to The Nasdaq Capital Market.
- The Nasdaq Capital Market is a continuous trading market that operates in the same manner as The Nasdaq Global Select Market.
- All companies listed on The Nasdaq Capital Market must meet certain financial requirements and adhere to Nasdaqs corporate governance standards.
- In connection with the transfer to the Nasdaq Capital Market, Nasdaq granted the Company an additional 180-day period (or until May 29, 2023) to regain compliance with the minimum bid price requirement.