regulatory
confidence high
sentiment negative
materiality 0.75
HeartCore gets Nasdaq extension to Oct 21, 2024 to cure bid price deficiency
HeartCore Enterprises, Inc.
- Received Bid Price Notice Oct 26, 2023 for non-compliance with $1.00 minimum bid price.
- Nasdaq granted additional 180-day period until Oct 21, 2024 to regain compliance.
- Company may effect reverse stock split if necessary to cure deficiency.
- If bid price closes at $1.00+ for 10 consecutive business days, compliance will be confirmed.
- No immediate effect on listing or trading of HTCR common stock on Nasdaq.