EMCORE CORP: Nasdaq/NYSE listing notice — EMCORE receives Nasdaq delisting notice for bid price below $1.00

EMCORE CORP

Received Nasdaq letter on June 23, 2023 for non-compliance with minimum bid price of $1.00 for 30 consecutive business days.
Must achieve closing bid price ≥ $1.00 for at least 10 consecutive business days by December 20, 2023 to regain compliance.
No immediate impact on listing or trading; company will monitor and consider options to resolve deficiency.
If not compliant by deadline, may be eligible for additional grace period under Nasdaq rules.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

EMCORE CORP received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5450(a)(1)

Exact text from the filing

June 23, 2023, EMCORE Corporation (the “Company”) received a letter (the “Notification Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company was not in compliance with the minimum bid price requirements set forth in Nasdaq Listing Rule 5450(a)(1) because the Company's common stock failed to maintain a minimum closing bid price of $1.00 per share for 30 consecutive business days. To regain compliance, the closing bid price of the Company’s common stock must be at least $1.00 per share for a minimum of 10 consecutive business days at any time prior to December 20, 2023. I

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001104659-23-076313

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.