other_material
confidence high
sentiment negative
materiality 0.85
Glucotrack receives second Nasdaq delisting notice; plans to appeal by May 18
Glucotrack, Inc.
- First notice on May 11: non-compliance with minimum bid price of $1.00.
- Second notice on May 15: stockholders' equity below $2.5M; additional delisting basis.
- Company intends to request hearing by May 18 to appeal both deficiencies.
- No assurance of success; stock (GCTK) faces potential delisting from Nasdaq Capital Market.
item 3.01item 9.01