regulatory
confidence high
sentiment negative
materiality 0.85
INVO Fertility, Inc. (IVF): Nasdaq/NYSE listing notice — INVO Bioscience receives Nasdaq delisting notice for failure to meet $2.5M equity minimum
INVO Fertility, Inc.
- Nasdaq notified INVO on May 23, 2023, of non-compliance with Listing Rule 5550(b)(1) requiring $2.5M stockholders' equity.
- Company failed to regain compliance by the May 22, 2023 extension deadline.
- INVO plans to request a hearing before the Nasdaq Hearings Panel to stay delisting.
- No assurance that the Panel will grant continued listing or an extension.
- Stockholders' equity deficiency triggers potential delisting from Nasdaq Global Market.