Assure Holdings Granted Extension By Nasdaq To Regain Compliance With The Stockholders' Equity Continued Listing Requirement
Portfolio Pulse from Benzinga Newsdesk
Assure Holdings Corp. (NASDAQ:IONM), a provider of intraoperative neuromonitoring and remote neurology services, has been granted an extension by Nasdaq to regain compliance with the stockholders' equity continued listing requirement. The company has until January 22, 2024, to complete key steps of its compliance plan and must demonstrate compliance upon filing its periodic report for the quarter ended March 31, 2024. Failure to comply may result in delisting.
November 02, 2023 | 1:14 pm
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Assure Holdings has been granted an extension by Nasdaq to regain compliance with the stockholders' equity continued listing requirement. The company has until January 22, 2024, to comply or face potential delisting.
The news directly pertains to Assure Holdings and its listing status on Nasdaq. The extension granted by Nasdaq provides the company with more time to regain compliance, which is crucial for its continued listing. However, the potential impact on the stock price in the short term is uncertain as it will depend on the company's actions to regain compliance and investor sentiment.
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