electroCore, Inc. (ECOR): Nasdaq/NYSE listing notice — electroCore receives Nasdaq extension to March 13, 2023 to regain bid price compliance after reverse stock split

electroCore, Inc.

Stockholders approved reverse stock split on Feb 13, 2023; implemented Feb 15, 2023.
Nasdaq Hearings Panel granted extension until March 13, 2023 to regain compliance with Bid Price Rule.
Panel noted company likely to regain compliance by March 1, 2023 after reverse split.
Decision subject to continued compliance and possible review by Nasdaq Listing and Hearing Review Council.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

electroCore, Inc. received a nasdaq hearing update notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: hearing update
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

February 16, 2023, the Company received written notice from the Panel of its decision granting the Company’s request to extend the period for the Company to regain compliance with the Bid Price Rule until March 13, 2023. The Panel noted that in light of completion of the Reverse Stock Split prior to the issuance of the Panel’s decision, the Company was likely to regain compliance with the Bid Price Rule by March 1, 2023. The Panel’s decision is subject to the Company’s continued compliance with applicable Nasdaq listing requirements and may be reviewed by the Nasdaq Listing and Hearing Review

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electroCore, Inc. filing history →

Source: SEC EDGAR

accession 0001193805-23-000242

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