Pluri Inc. (PLUR): Nasdaq/NYSE listing notice — Pluri receives Nasdaq deficiency notice for bid price below $1.00

Pluri Inc.

Nasdaq notified Pluri on April 19, 2023 that its common stock bid price closed below $1.00 for 30 consecutive trading days.
Company has 180 calendar days, until October 16, 2023, to regain compliance by closing at $1.00 or more for 10 consecutive business days.
If not compliant by deadline, Pluri may transfer to Nasdaq Capital Market for an additional 180-day cure period or face delisting.
Pluri may consider a reverse stock split or other options to address the deficiency.

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 0.9

Pluri Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5450(a)(1), 5810(c)(3)(A)

Exact text from the filing

April 19, 2023, Pluri Inc. (the “Company”) received a letter (the “Notice”) from The Nasdaq Stock Market (“Nasdaq”) advising the Company that for 30 consecutive trading days preceding the date of the Notice, the bid price of the Company’s common shares had closed below the $1.00 per share minimum required for continued listing on the Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). The Notice has no effect on the listing of the Company’s common shares at this time, and the Company’s common shares continue to trade on the Nasdaq Global Marke

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Source: SEC EDGAR

accession 0001213900-23-032481

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