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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Sunesis Pharmaceuticals, Inc.    SNSS

SUNESIS PHARMACEUTICALS, INC.

(SNSS)
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SUNESIS PHARMACEUTICALS INC : Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing (form 8-K)

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01/11/2019 | 06:30pm EDT

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or

Standard; Transfer of Listing.

On January 11, 2019, Sunesis Pharmaceuticals, Inc., or the Company, received a letter from the Listing Qualifications Department, or the Staff, notifying the Company that in accordance with NASDAQ Listing Rule 5810(c)(3)(A), the Company has been granted an additional 180 calendar days, or until July 10, 2019, to regain compliance with the minimum $1.00 per share requirement for continued inclusion on The NASDAQ Capital Market pursuant to NASDAQ Listing Rule 5550(a)(2), or the Rule. If, at any time before July 10, 2019, the bid price of the Company's common stock closes at $1.00 or more for a minimum of ten consecutive business days as required under NASDAQ Listing Rule 5810(c)(3)(A), unless the Staff exercises its discretion to extend this ten-day period pursuant to NASDAQ Listing Rule 5810(c)(3)(F), the Staff will provide written notification to the Company that it complies with the Rule.

If the Company does not regain compliance with the Rule by July 10, 2019, the Staff will provide written notification to the Company that its common stock will be subject to delisting. At that time, the Company may appeal the Staff's delisting determination to a NASDAQ Hearings Panel, or the Panel. The Company would remain listed pending the Panel's decision. There can be no assurance that, if the Company does appeal the delisting determination by the Staff to the Panel, that such appeal would be successful.

The Company is considering actions that it may take in response to this notification in order to regain compliance with the continued listing requirements.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses

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Financials ($)
Sales 2019 0,71 M
EBIT 2019 -30,0 M
Net income 2019 -32,6 M
Debt 2019 25,4 M
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020
Capi. / Sales 2019 155x
Capi. / Sales 2020 206x
Capitalization 84,5 M
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Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 4,83 $
Spread / Average Target 287%
EPS Revisions
Managers
NameTitle
Dayton Misfeldt Chief Executive Officer & Director
James W. Young Non-Executive Chairman
Deepali Suri Vice President-Clinical Operations
Willie P. Quinn CFO, Senior VP-Finance & Corporate Development
Judith A. Fox Chief Scientific Officer
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