regulatory
confidence high
sentiment negative
materiality 0.85
HeartCore receives Nasdaq delisting notice for bid price non-compliance; intends to appeal
HeartCore Enterprises, Inc.
- Received Oct 22, 2024 Nasdaq notice for failure to maintain $1.00 minimum bid price for continued listing.
- Unless appeal requested by Oct 29, 2024, trading of HTCR common stock suspended at opening Oct 31, 2024.
- Company intends to timely appeal, which will stay suspension pending Panel's decision.
- Previously granted additional 180-day compliance period until Oct 21, 2024, but failed to regain compliance.
- No decisions made on actions to regain compliance; no assurance of success stated.