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Bullboard - Stock Discussion Forum Quantum BioPharma Ltd C.QNTM

Alternate Symbol(s):  QNTM

Quantum BioPharma Ltd. is a Canada-based biopharmaceutical company. The Company is engaged in building a portfolio of assets and biotech solutions for the treatment of challenging neurodegenerative and metabolic disorders and alcohol misuse disorders with drug candidates in different stages of development. Through its wholly owned subsidiary, Lucid Psycheceuticals Inc. (Lucid), it is focused on... see more

CSE:QNTM - Post Discussion

Quantum BioPharma Ltd > Just a question. Looking for some insight
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Post by Tulathirac on Feb 07, 2022 10:44am

Just a question. Looking for some insight

Nasdaq stock is at $.82. Does that mean it should be delisted anyday now since its under $1? 

I have a large sum of money stuck in this shithole of a company (like most) and if this gets delisted, What do you expect to happen next?
Comment by Mil_Man54 on Feb 07, 2022 11:02am
Here's some info that should answer your question....I think we're just over 2 weeks now below $1.00 on the NASDAQ... https://www.nasdaq.com/articles/delisting-process-nasdaq-2015-11-13
Comment by Walter333 on Feb 07, 2022 11:14am
No it doesn't mean that delisting is inevitable any day now, however certain criteria must be met to stay listed which is in the provided link https://www.investopedia.com/investing/the-dirt-on-delisted-stocks/#:~:text=Getting%20Listed&text=Turning%20again%20to%20the%20Nasdaq,for%20listing%20on%20the%20exchange. Imo with the current amount of cash still at managements disposal another RS ...more  
Comment by Mil_Man54 on Feb 07, 2022 12:06pm
Comment by DavidRosenberg on Feb 07, 2022 11:17am
it wont be delisted unless it's under a certain price point for a certain amount of time
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