Recent Updates
Recently added Catalysts
LNAI Positive Sentiment Score: 75/100

Enochian BioSciences Achieves Full Compliance with NASDAQ Filing Requirements

Key Takeaway: Enochian BioSciences has announced its achievement of full compliance with NASDAQ filing requirements. The company filed its Annual Report on Form 10-K on February 27, 2023, followed by Quarterly Reports for previous quarters in early March 2023. Leaders in the company expressed optimism regarding their ability to advance their technology aimed at treating solid tumors. This marks a significant step forward for the company after facing challenges.

Market Sentiment Analysis

POSITIVE FACTORS

  • Achieved full compliance with NASDAQ filing requirements.
  • Company's leadership expresses optimism about future advancements.
  • Potential to treat solid tumors, improving life expectancy.

Full Press Release Details

Enochian BioSciences Achieves
Full Compliance with NASDAQ Filing Requirements
LOS ANGELES, March 13, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: ENOB). Enochian
BioSciences Inc. (the Company) announced that it has achieved full compliance with NASDAQ filing requirements. The Annual Report on Form
10-K was filed on February 27, 2023, followed by the Quarterly Reports on Forms 10-Q for the quarters ending September 30, 2022 and December
31, 2022 on March 7th and March 9th, 2023, respectively.
"I am very pleased that the Company is once again compliant with
the NASDAQ listing requirements. We have turned another page towards a promising future," said Gregg Alton, former long-time
General Counsel and Chief Compliance Officer and, later, Interim CEO of Gilead Sciences, and Lead Independent Board Member of Enochian
Dr. Mark Dybul, CEO of the Company, said, "Returning to full compliance
is a significant accomplishment. Despite challenges, the science remains strong and encouraging. I look forward to the Company advancing
its novel technology to possibly treat several solid tumors with relatively poor life expectancy from pre-clinical to clinical phase potentially
Forward-Looking Statements
Statements in this press release that are not strictly
historical in nature are forward-looking statements. These statements are only predictions based on current information and expectations
and involve a number of risks and uncertainties, including but not limited to the success or efficacy of our pipeline. All statements
other than historical facts are forward-looking statements, which can be identified by the use of forward-looking terminology such as
"believes," "plans," "expects," "aims," "intends," "potential,"
or similar expressions. Actual events or results may differ materially from those projected in any of such statements due to various uncertainties,
including as set forth in Enochian BioSciences' most recent Annual Report on Form 10-K filed with the SEC. Readers are cautioned
not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements
are qualified in their entirety by this cautionary statement, and Enochian BioSciences Inc. undertakes no obligation to revise or update
this press release to reflect events or circumstances after the date hereof.
Source: Enochian Biosciences Inc.

Frequently Asked Questions

When did Enochian BioSciences file its Annual Report?

Enochian BioSciences filed its Annual Report on Form 10-K on February 27, 2023.

What is significant about Enochian's NASDAQ compliance?

Enochian's full compliance with NASDAQ filing requirements represents a major achievement.

Who commented on Enochian's compliance status?

Gregg Alton and Dr. Mark Dybul commented positively on Enochian's compliance status.

What future plans does Enochian BioSciences have?

Enochian plans to advance its novel technology for treating challenging solid tumors.

What should readers be cautious about regarding statements made?

Readers should be cautious about relying on forward-looking statements, as they involve risks.

Last updated: Mar 13, 2023