regulatory
confidence high
sentiment negative
materiality 0.75
VAPOTHERM INC: Nasdaq/NYSE listing notice — Vapotherm receives NYSE delisting notice for low stock price; average $0.98 per share
VAPOTHERM INC
- NYSE notified Vapotherm on Nov 30, 2022 that average closing price was below $1.00 over 30 trading days.
- Company has six months to cure; as of Dec 5, closing price $1.62 and 30-day average $1.01.
- Also previously disclosed non-compliance for market cap <$50M and equity <$50M; cure plan under review.
- Stock trades under symbol VAPO with .BC indicator until compliance is regained.
- Notice does not affect business operations or debt agreements; delisting procedures only if cure fails.