regulatory
confidence high
sentiment negative
materiality 0.70
iSpecimen receives Nasdaq extension to Oct 7, 2024 to regain $1 minimum bid price compliance
iSpecimen Inc.
- Received Nasdaq second 180-day compliance period through Oct 7, 2024 for minimum bid price.
- Must have closing bid price ≥ $1 for 10 consecutive business days to regain compliance.
- If compliance not met by Oct 7, 2024, Nasdaq will delist ISPC; company may appeal.
- Initial 180-day period ended April 8, 2024 without regaining compliance.