regulatory
confidence high
sentiment negative
materiality 0.75
PAVmed Inc. (PAVM): Nasdaq/NYSE listing notice — PAVmed receives Nasdaq delisting notice for MVLS below $35M minimum
PAVmed Inc.
- Nasdaq notified PAVmed on March 7, 2024 that MVLS was below $35M for 30 consecutive days through March 6.
- Company has 180 calendar days (until Sept 3, 2024) to regain compliance; MVLS must close at $35M+ for 10 consecutive days.
- If compliance not regained by deadline, Nasdaq will issue written notification that securities are subject to delisting.
- The notice does not immediately affect trading; PAVM and PAVMZ continue uninterrupted on Nasdaq Capital Market.
- PAVmed intends to evaluate all available options to regain compliance with Nasdaq listing standards.