regulatory
confidence high
sentiment negative
materiality 0.80
Streamex Corp. (STEX): Nasdaq/NYSE listing notice — BioSig receives Nasdaq delisting notice for bid price and equity non-compliance; appeal filed
Streamex Corp.
- Nasdaq notified BioSig on March 5, 2024 that it failed to regain $1 min bid price compliance and is ineligible for second 180-day period due to insufficient stockholders' equity.
- Company requested a hearing before Nasdaq Hearings Panel on March 11, 2024 to appeal delisting determination.
- Common stock (BSGM) will continue trading on Nasdaq pending appeal outcome; no assurance of favorable result.
- The company previously received a deficiency notice on Sept 6, 2023; compliance period expired March 4, 2024.