POLARITYTE, INC.: Nasdaq/NYSE listing notice — PolarityTE receives Nasdaq extension to cure $1.00 bid price deficiency through Oct. 2023

POLARITYTE, INC.

Received Nasdaq notice of eligibility for second 180-day extension until October 23, 2023 to regain minimum bid price.
Initial deficiency notice issued Oct. 26, 2022; first 180-day compliance period ended April 24, 2023.
To regain compliance, bid price must close at $1.00+ for at least 10 consecutive business days.
Evaluating alternatives including possible reverse stock split, subject to board and shareholder approval.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

POLARITYTE, INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

er share minimum bid price requirement for continued inclusion on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided an

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Source: SEC EDGAR

accession 0001493152-23-013693

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