Jaguar Health Shareholders Approve All 4 Proposals at Special Meeting
DENVER, Colo., Apr 10, 2024 (247marketnews.com)- Jaguar Health, Inc. (NASDAQ:JAGX) stated that the four proposals that were submitted for the Company’s special meeting of stockholders were approved by the Company’s stockholders.
Lisa Conte, Jaguar’s president, and CEO, stated, “As we announced last week, the Company received formal notice that the Listing Qualifications Staff of The Nasdaq Stock Market LLC has granted Jaguar an additional grace period, through August 13, 2024, to regain compliance with the $1.00 bid price requirement for continued listing on The Nasdaq Capital Market. Although we do not intend to effect a reverse split of the Company’s issued and outstanding voting common stock at the present time, seeking the discretion to implement actions, if necessary to maintain Jaguar’s Nasdaq listing, is an important responsibility of the Board, and we are grateful to our shareholders for voting to approve the related proposal.”
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