regulatory
confidence high
sentiment negative
materiality 0.80
Ekso Bionics receives Nasdaq bid price deficiency notice; has until June 10, 2025 to comply
EKSO BIONICS HOLDINGS, INC.
- Nasdaq notice dated Dec 12, 2024: common stock bid price below $1.00 for 31 consecutive business days.
- Company has 180 calendar days, until June 10, 2025, to regain compliance under Nasdaq Listing Rule 5810(c)(3)(A).
- To regain compliance, closing bid price must be $1.00 or more for at least ten consecutive business days.
- If not cured by June 10, 2025, Company may seek a second 180-day period if meeting all other initial listing standards and intends a reverse stock split.
- Failure to regain compliance or secure extension could result in delisting from Nasdaq Capital Market.