regulatory
confidence high
sentiment negative
materiality 0.60
Vivos awaits Nasdaq confirmation on equity compliance; warns of delisting risk if capital insufficient
Vivos Therapeutics, Inc.
- Company believes it met $2.5M minimum equity requirement by March 19, 2024, via capital raises in Nov 2023 and Feb 2024.
- Nasdaq has not yet confirmed compliance; will monitor ongoing compliance at next periodic report.
- Company expects to need additional equity capital to maintain compliance; failure could lead to delisting.
- Delisting would materially harm stock price, liquidity, capital raising ability, and reputation.