regulatory
confidence high
sentiment neutral
materiality 0.65
Venus Concept Inc.: Nasdaq/NYSE listing notice — Nasdaq Panel grants Venus Concept continued listing pending compliance by May 28, 2024
Venus Concept Inc.
- Nasdaq Hearings Panel granted continued listing on Nasdaq Capital Market, subject to demonstrating compliance with Minimum Equity Requirement (Rule 5550(b)) by May 28, 2024.
- Company had previously been notified of deficiency on May 31, 2023 due to stockholders' equity below $2.5M minimum.
- Hearing held March 5, 2024; Panel decision received March 20, 2024, staying delisting pending conditions.
- Company continues to explore strategic alternatives to maximize shareholder value, including dialogue with lenders and investors.