IceCure Medical Announces Receipt Of Nasdaq Minimum Bid Price Notification
Portfolio Pulse from Benzinga Newsdesk
IceCure Medical has received a Nasdaq minimum bid price notification. This means that the company's stock has not met the minimum bid price of $1.00 per share for 30 consecutive business days.
November 03, 2023 | 8:07 pm
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IceCure Medical's stock has not met the minimum bid price of $1.00 per share for 30 consecutive business days, leading to a Nasdaq minimum bid price notification.
The receipt of a Nasdaq minimum bid price notification is a negative event for a company. It means that the company's stock has not met the minimum bid price of $1.00 per share for 30 consecutive business days. This could lead to delisting if the situation is not rectified within a given timeframe. Therefore, this news is likely to have a negative impact on IceCure Medical's stock price in the short term.
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