regulatory
confidence high
sentiment negative
materiality 0.70
Assure Holdings Corp.: Nasdaq/NYSE listing notice — Assure Holdings receives Nasdaq delisting notice for bid price below $1.00
Assure Holdings Corp.
- Nasdaq notified Assure Holdings on July 25, 2023 that its common stock (IONM) failed to maintain minimum bid price of $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until January 22, 2024, to regain compliance by closing at or above $1.00 for at least 10 consecutive business days.
- If not cured by Jan 22, 2024, Nasdaq may grant a second 180-day period if the Company meets other listing standards and notifies intent to cure.
- Failure to regain compliance could result in delisting and a potential appeal to a Nasdaq hearings panel.