secwatch / observer
8-K filed June 2, 2023, 7:59 PM ET CIK 0001409269
regulatory confidence high sentiment negative materiality 0.70

Venus Concept Inc.: Nasdaq/NYSE listing notice — Venus Concept receives Nasdaq deficiency notice for equity below $2.5M minimum

Venus Concept Inc.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.98

Venus Concept Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

Exchange
nasdaq
Notice
deficiency notice
Deficiency
stockholders equity
Rules
5550(b)(1)
Exact text from the filing
May 31, 2023, Venus Concept Inc. (the “Company”) received a notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) stating that the Company’s stockholders’ equity as reported in the Company’s Form 10-Q for the period ended March 31, 2023 was below the minimum $2,500,000 required for continued listing under Listing Rule 5550(b)(1) (“Minimum Equity Requirement”). The Notice has no immediate effect on the listing of the Company’s common stock. In accordance with the Nasdaq Listing Rules, the Company has 45 calendar days to submit a plan to regain
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Source: SEC EDGAR
accession 0001140361-23-028094
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