regulatory
confidence high
sentiment neutral
materiality 0.55
Biomerica gets Nasdaq extension until May 5, 2025 to regain $1 bid price compliance
BIOMERICA INC
- Received Nasdaq extension on Nov 5, 2024; new compliance deadline is May 5, 2025.
- Must achieve closing bid price of $1.00 for 10 consecutive business days to regain compliance.
- If not compliant by May 5, 2025, Nasdaq will issue delisting notice, subject to appeal.
- Company will monitor bid price and consider options but no assurance of compliance.