regulatory
confidence high
sentiment negative
materiality 0.65
Creative Medical receives Nasdaq deficiency notice for bid price below $1.00
CREATIVE MEDICAL TECHNOLOGY HOLDINGS, INC.
- Nasdaq notice for non-compliance with Listing Rule 5550(a)(2) due to bid price below $1.00 for 30 consecutive days.
- 180-day grace period until January 4, 2023 to regain compliance by closing at $1.00+ for 10 consecutive business days.
- Company may be eligible for additional 180-day grace period if it meets Nasdaq Capital Market initial listing standards.
- Management to monitor bid price and consider available options to regain compliance.