regulatory
confidence high
sentiment negative
materiality 0.65
PAVmed receives additional 180-day Nasdaq extension to meet $1 bid price rule
PAVmed Inc.
- Nasdaq granted PAVmed until December 26, 2023 to regain $1 minimum bid price compliance.
- Company failed to meet compliance by original June 27, 2023 deadline.
- To regain compliance, common stock must close at $1+ for 10 consecutive business days.
- PAVmed intends to consider all available options to address the bid price deficiency.
- Listing of common stock (PAVM) and Series Z warrants (PAVMZ) remains uninterrupted.