regulatory
confidence high
sentiment negative
materiality 0.65
electroCore listing transferred to Nasdaq Capital Market; gets 180-day grace period for bid price rule
electroCore, Inc.
- Approval received June 22, 2022; transfer effective June 23, 2022 under same ticker ECOR.
- Noncompliant with Nasdaq $1.00 bid price rule since Dec 20, 2021; original deadline June 20, 2022.
- Nasdaq granted additional 180 days until Dec 19, 2022 to regain compliance with $1.00 bid for 10 consecutive days.
- Company may implement reverse stock split if necessary to meet bid price requirement.