regulatory
confidence high
sentiment negative
materiality 0.85
Zivo Bioscience, Inc. (ZIVO): Nasdaq/NYSE listing notice — Zivo Bioscience receives Nasdaq delisting notice for $2.5M equity non-compliance
Zivo Bioscience, Inc.
- Nasdaq notified Zivo on May 23, 2023 that it fails to meet $2.5M stockholders' equity requirement (Listing Rule 5550(b)).
- Company plans to request a hearing before Nasdaq Hearings Panel to stay delisting pending compliance plan.
- Previously granted extension to evidence compliance expired May 22, 2023; company was unable to cure.
- No assurance that Panel will grant continued listing or that company can regain compliance within any extension.