Eargo, Inc.: Nasdaq/NYSE listing notice — Eargo regains Nasdaq compliance after 1-for-20 reverse stock split; bid price above $1.00

Eargo, Inc.

Received Nasdaq letter on Feb 1, 2023 confirming minimum bid price deficiency cured.
Compliance regained after 1-for-20 reverse stock split effected on Jan 17, 2023.
Closing bid price at least $1.00 for 10 consecutive business days ended Jan 31, 2023.
Reverse stock split was approved by stockholders on Oct 12, 2022.

item 3.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

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

Eargo, Inc. received a nasdaq compliance regained notice regarding minimum bid price (rules 5450(a)(1)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: minimum bid price
Rules: 5450(a)(1)

Exact text from the filing

February 1, 2023, Eargo received a letter from Nasdaq informing the Company that, because the closing bid price of the Company’s common stock was at least $1.00 per share for the 10 consecutive business days ended January 31, 2023, the Company had regained compliance with Nasdaq Listing Rule 5450(a)(1).

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Source: SEC EDGAR

accession 0001140361-23-004685

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