Avalon GloboCare Corp. (ALBT): Nasdaq/NYSE listing notice — Avalon GloboCare gets Nasdaq extension to Oct 28, 2024 for bid price compliance

Avalon GloboCare Corp.

Received 180-day extension to October 28, 2024 to regain minimum $1.00 bid price.
Previously notified on Nov 3, 2023; original deadline was May 1, 2024.
Company may consider reverse stock split if needed to regain compliance.
Failure to regain compliance may lead to delisting from Nasdaq Capital Market.

Key facts

Extracted from this filing and checked against the source text.

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

Avalon GloboCare Corp. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

May 2, 2024, the Company received a letter from Nasdaq advising that the Company had been granted a 180-day extension to October 28, 2024, to regain compliance with the Minimum Bid Price Requirement. The Company will continue to monitor the closing bid price of its Common Stock and may, if appropriate, consider implementing available options, including but not limited to, implementing a reverse stock split of its Common Stock, to regain compliance with the Minimum Bid Price Requirement. If the Company does not regain compliance within the allotted compliance period, Nasdaq will provide notice

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Avalon GloboCare Corp. filing history →

Source: SEC EDGAR

accession 0001213900-24-040489

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