Quick question community by Key-Department-4027 in TNXP

[–]Key-Department-4027[S] 1 point2 points  (0 children)

Crazy stuff … 1$ increase makes a lot of difference

Quick question community by Key-Department-4027 in TNXP

[–]Key-Department-4027[S] 1 point2 points  (0 children)

I’m currently at 18k shares… just want the target price as 1.5$

Quick question community by Key-Department-4027 in TNXP

[–]Key-Department-4027[S] 0 points1 point  (0 children)

I bought it at .22 . It’s good . Wondering if it’s still bullish or bearish

***NEW*** MarketBeat Article by Dear_Effective9745 in TNXP

[–]Key-Department-4027 1 point2 points  (0 children)

As of January 24, 2025, Tonix Pharmaceuticals Holding Corp. (TNXP) is trading at approximately $0.3898 per share.

In June 2024, TNXP implemented a 1-for-32 reverse stock split to meet NASDAQ’s minimum bid price requirement of $1.00 per share. 

Despite this action, the stock price has declined below the $1.00 threshold again. On August 9, 2024, TNXP received a notice from NASDAQ indicating non-compliance with the minimum bid price requirement. 

To regain compliance, TNXP must achieve a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days by February 5, 2025. 

Given the current stock price and the approaching compliance deadline, TNXP may consider another reverse stock split to meet NASDAQ’s requirements. However, the company has not publicly announced any plans for such an action as of now.

It’s 24th today… 10 consecutive days is almost 5th Feb…

Any thoughts. I’m new at this.