secwatch / observer
8-K filed December 1, 2023, 6:59 PM ET CIK 0001409269
regulatory confidence high sentiment negative materiality 0.80

Venus Concept Inc.: Nasdaq/NYSE listing notice — Venus Concept receives Nasdaq delisting notice for minimum equity non-compliance

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 0.95

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

Exchange
nasdaq
Notice
noncompliance notice
Deficiency
stockholders equity
Rules
5550(b)(1)
Exact text from the filing
e of words such as “believes,” “expects,” “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. Such statements may include, but are not limited to, that there can be no assurance that the Company will regain compliance with Nasdaq Listing Rule 5550(b)(1) in the future, or otherwise meet Nasdaq compliance standards, or that Nasdaq will grant the Company any relief from delisting as necessary or that the Company can ultimately meet applicable Nasdaq requirements for any such relief. The forward-looking statements contained in this Current
View on SEC.gov
Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

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 written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq Staff”) stating that the stockholders’ equity as reported in the Company’s Quarterly Report on 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”). On July 17, 2023, the Company submitted to the Nasdaq Staff a plan to regain compliance with the Minimum Equity Requirement (the "Plan"). On July 28, 2023, the Nasdaq Staf
View on SEC.gov
Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

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

Exchange
nasdaq
Notice
extension granted
Deficiency
stockholders equity
Rules
5550(b)(1)
Exact text from the filing
e of words such as “believes,” “expects,” “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. Such statements may include, but are not limited to, that there can be no assurance that the Company will regain compliance with Nasdaq Listing Rule 5550(b)(1) in the future, or otherwise meet Nasdaq compliance standards, or that Nasdaq will grant the Company any relief from delisting as necessary or that the Company can ultimately meet applicable Nasdaq requirements for any such relief. The forward-looking statements contained in this Current
View on SEC.gov

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Source: SEC EDGAR
accession 0001140361-23-055748
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