---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-011046"
form_type: "8-K"
ticker: "OCEA"
cik: "0001869974"
company_name: "Ocean Biomedical, Inc."
filed_at: "2025-03-20T23:59:59+00:00"
generated_at: "2026-05-24T10:51:45.901079+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Ocean Biomedical receives Nasdaq delisting notice for low-priced stock rule; bid price <=$0.10 for 10 days

## Summary
- Nasdaq notified Ocean Biomedical on March 14, 2025, that stock closed at $0.10 or less for 10 consecutive trading days.
- This triggers the Low Priced Stocks Rule (Listing Rule 5810(c)(3)(A)(iii)), an additional basis for delisting.
- Company already faced non-compliance with $1 minimum bid price (notified Dec 3, 2024); compliance period ends June 2, 2025.
- Company must submit a letter to Nasdaq Hearings Panel by March 21, 2025, to address the new deficiency.
- Panel will consider this matter in its decision on continued listing on Nasdaq Capital Market.

## SEC filing metadata
- accession: 0001493152-25-011046
- form_type: 8-K
- ticker: OCEA
- cik: 0001869974
- company_name: Ocean Biomedical, Inc.
- filed_at: 2025-03-20T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1869974/000149315225011046/0001493152-25-011046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1869974/000149315225011046/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-011046
- JSON: https://secwatch.observer/filing/0001493152-25-011046.json
- Plain text: https://secwatch.observer/filing/0001493152-25-011046.txt

## Key facts
- Listing & Compliance Notices
  Ocean Biomedical, Inc. received a nasdaq noncompliance notice notice regarding minimum bid price (rules 5810(c)(3)(A)(iii), 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: noncompliance notice
  - Deficiency: minimum bid price
  - Rules: 5810(c)(3)(A)(iii), 5550(a)(2)
  source text: March 14, 2025, the Company received a notice from Nasdaq that Staff has determined that as of March 13, 2025, the Company’s securities had a closing bid price of $0.10 or less for ten consecutive trading days. Accordingly, the Company is subject to the provisions contemplated under Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”). Accordingly, this matter serves as an additional basis for delisting the Company’s securities from The Nasdaq Stock Market 1 . Nasdaq Hearings Panel (the “Panel”) will consider this matter in their decision regarding the Company’s continued listing on
  evidence_url: https://www.sec.gov/Archives/edgar/data/1869974/000149315225011046/0001493152-25-011046-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.