0.005
price down icon46.83%   -0.0155
after-market After Hours: .01 0.005 +100.00%
loading

Why is Ocean Biomedical Inc (OCEA) Stock down?

29 Nov, 2023:

Ocean Biomedical Inc. Stock (OCEA) dropped by 8.95% from $0.96 to $0.8741 in the trading on Wednesday November 29, 2023. The reason why OCEA stock down today is due to the receipt of notice from NASDAQ. Ocean Biomedical announced a delay in filing its Q3 Form 10-Q, resulting in a deficiency notice from NASDAQ. This delay stems from a recent SEC interpretation impacting the accounting of certain Forward Purchase Agreements, specifically the treatment of prepayments. Ocean Biomedical is actively addressing the issue and expects to file the Form 10-Q shortly.

$35.86
price down icon 0.91%
$81.61
price up icon 3.06%
$25.68
price down icon 9.08%
$122.00
price up icon 8.07%
$111.00
price up icon 1.59%
biotechnology ONC
$288.10
price down icon 0.57%
Cap:     |  Volume (24h):