regulatory
confidence high
sentiment negative
materiality 0.85
Aclarion receives Nasdaq delisting notice for stockholders' equity shortfall
Aclarion, Inc.
- Nasdaq notified Aclarion it fails minimum $2.5M stockholders' equity requirement, reporting $1.64M as of June 30, 2024.
- Company has until August 29, 2024 to appeal; otherwise trading suspension begins September 3, 2024.
- Aclarion intends to request a hearing to stay any suspension and will evaluate options to regain compliance.
- Nasdaq letter does not affect Aclarion's business operations or SEC reporting requirements.