Mar. 13 at 6:39 PM
$HRTX
A RS?!?
Milans -
Sdawg said notice , not otherwise. Hard to argue anything else at this point. I agree with him/her.
A Nasdaq non compliant- delisting notice is very possible if Heron spends another couple / few weeks sub
$1 at the close consecutively . 30 days and you are notified. Friday 3/6/26 was day 1 at sub
$1 as I recall.
Now, Heron would have 180 days following to correct course. I am almost certain in that time frame they will find enough footing above
$1 to stave off such drastic measures . Which would include 2 more ER’s posted.
Heron is majority institution owned and acutely aware of what needs to happen.
However unlikely - if Heron were to be forced to RS in order to avoid OTC . Then any retail investor in their right mind would liquidate , take the L , and move on.
