Aclarion, Inc. (ACON): Nasdaq/NYSE listing notice — Aclarion gets 180-day extension from Nasdaq to regain $2.5M equity compliance

Aclarion, Inc.

Stockholders' equity reported at $1,787,751 vs. $2,500,000 minimum; compliance plan submitted April 12, 2023.
Nasdaq granted extension until August 30, 2023 to demonstrate compliance; additional 8-K filing required.
Failure to regain compliance may result in delisting, harming liquidity, market price, and financing access.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Aclarion, Inc. received a nasdaq extension granted notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: extension granted
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

April 20, 2023, the Company received a letter (the “Extension Notice”) from Nasdaq notifying the Company that it has been granted an additional 180-day period, or until August 30, 2023, to regain compliance with Nasdaq Listing Rule 5550(b)(1). Pursuant to the Extension Notice, the Company must demonstrate compliance with Nasdaq Listing Rule 5550(b)(1) on or before August 30, 2023, including by furnishing to the Securities and Exchange Commission (“SEC”) and Nasdaq certain information and representations on a Current Report on Form 8-K. If after submitting this information to the SEC and Nasdaq

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Aclarion, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-23-002614

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