regulatory
confidence high
sentiment negative
materiality 0.65
HeartCore receives Nasdaq bid price deficiency notice; has 180 days to regain compliance
HeartCore Enterprises, Inc.
- Received Nasdaq written notice on May 6, 2025 for failure to meet $1.00 minimum bid price requirement.
- Company has 180 calendar days, until November 3, 2025, to regain compliance.
- Compliance can be achieved by closing bid price at least $1.00 for 10 consecutive business days.
- If not cured, may qualify for second 180-day period if meeting market value and other listing standards.
- No decision on response yet; management evaluating alternatives including potential reverse stock split.