regulatory
confidence high
sentiment negative
materiality 0.60
MedAvail Holdings, Inc.: Nasdaq/NYSE listing notice — MedAvail receives Nasdaq delinquency notice for late Q3 10-Q filing
MedAvail Holdings, Inc.
- Nasdaq letter dated Nov 16, 2023 cites failure to timely file Q3 10-Q (Rule 5250(c)(1)).
- Company has 60 days to submit a compliance plan; Nasdaq may grant up to 180 days (until May 13, 2024).
- No immediate effect on listing or trading of MedAvail common stock on Nasdaq Capital Market.
- If plan rejected, MedAvail may appeal to a Nasdaq hearings panel.