regulatory
confidence high
sentiment negative
materiality 0.85
BioCardia, Inc. (BCDA): Nasdaq/NYSE listing notice — BioCardia receives Nasdaq delisting notice for equity shortfall; has until May 25 to submit compliance plan
BioCardia, Inc.
- Stockholders' equity was $895,000 as of Dec. 31, 2025, well below the $2.5M minimum required by Nasdaq Listing Rule 5550(b)(1).
- Notice received April 10, 2026; company must submit a plan to regain compliance by May 25, 2026.
- If Nasdaq accepts the plan, it may grant up to 180 days from April 10 to evidence compliance.
- Common stock continues trading on Nasdaq Capital Market under symbol BCDA; no immediate effect on listing.
- Failure to regain compliance could lead to delisting; company intends to submit a plan and may request a hearing if plan is rejected.