Glucotrack, Inc. (GCTK): Nasdaq/NYSE listing notice — Glucotrack gets 180-day Nasdaq extension to May 20, 2024 to regain $1.00 bid price compliance

Glucotrack, Inc.

Received Nasdaq letter on Nov 24, 2023 granting additional 180 days until May 20, 2024 to meet minimum $1.00 bid price requirement.
Must have closing bid price of at least $1.00 for 10 consecutive business days to regain compliance.
Company may consider a reverse stock split if needed to cure the deficiency.
Trading continues on Nasdaq Capital Market under symbol GCTK with no immediate effect on listing.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Glucotrack, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

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

Exact text from the filing

November 24, 2023, the Company received a letter from Nasdaq notifying the Company that it has been granted an additional 180 calendar days, or until May 20, 2024 (the “Extended Compliance Period”), to regain compliance with the Minimum Bid Price Requirement in accordance with Nasdaq Listing Rule 5810(c)(3)(A). If at any time during the Extended Compliance Period, the closing bid price of the Company’s common stock is at least $1.00 per share for a minimum of 10 consecutive business days, the Staff will provide written confirmation that the Company has achieved compliance with the Minimum Bid

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Glucotrack, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-043264

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