regulatory
confidence high
sentiment negative
materiality 0.70
SeaStar Medical receives Nasdaq MVLS deficiency notice; regains bid price compliance
SeaStar Medical Holding Corp
- On June 24, 2024, SeaStar received Nasdaq deficiency letter for MVLS below $35M minimum for 35 consecutive days.
- Compliance period ends Dec 23, 2024; no imminent delisting.
- On June 27, 2024, Nasdaq confirmed bid price compliance regained after 1-for-25 reverse stock split on June 7.
- Company evaluating options to address MVLS deficiency, including possible extension or appeal.