iCoreConnect Inc.: Nasdaq/NYSE listing notice — iCoreConnect faces Nasdaq delisting for failing equity rule; plans hearing appeal

iCoreConnect Inc.

Nasdaq notified company on Feb 18, 2025 that it failed to regain compliance with minimum $2.5M stockholders' equity requirement.
Trading suspension set for Feb 27, 2025 unless company requests appeal by Feb 25, 2025.
Company intends to timely request a hearing to stay suspension and potential removal from Nasdaq.
Prior deficiency notice received Aug 20, 2024; compliance period ended Feb 17, 2025.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.82

iCoreConnect Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: stockholders equity
Rules: 5550(b)

Exact text from the filing

February 17, 2025 to regain compliance with the Equity Rule, and, as of such date, the Company was not in compliance with the Equity Rule. On February 18, 2025, the Company was notified by the Staff that unless the Company requests an appeal of the Staff’s determination by February 25, 2025, trading of the Company’s common stock will be suspended at the opening of business on February 27, 2025, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market. The Company plans to tim

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Source: SEC EDGAR

accession 0001477932-25-001187

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