regulatory
confidence high
sentiment negative
materiality 0.85
Glucotrack receives Nasdaq delisting notice for bid price non-compliance; plans to appeal
Glucotrack, Inc.
- Nasdaq notified Glucotrack on April 2, 2025 of delisting due to bid price below $1.00 for 30 consecutive business days.
- Company intends to request a hearing by April 9, 2025, which will stay the suspension pending Panel decision.
- Compliance with Bid Price Rule was previously regained in November 2024; now again non-compliant.
- No immediate impact on trading under symbol GCTK; outcome of appeal uncertain.