Assure Receives Notice From Nasdaq That It Has Granted The Co An Extension To Regain Compliance With The Continued Listing Requirements For The Nasdaq Capital Market
Portfolio Pulse from Benzinga Newsdesk
Assure Holdings Corp. (NASDAQ:IONM) has received an extension from Nasdaq to regain compliance with the continued listing requirements for the Nasdaq Capital Market. The company has until July 22, 2024, to meet all applicable initial listing requirements, particularly in relation to its transaction with Danam Health Inc.
May 16, 2024 | 1:46 pm
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Assure Holdings Corp. has been granted an extension by Nasdaq to regain compliance with listing requirements until July 22, 2024. This extension provides the company more time to meet the necessary criteria, particularly concerning its transaction with Danam Health Inc.
The extension granted by Nasdaq is a positive development for Assure Holdings as it provides additional time to meet compliance requirements, which could alleviate immediate delisting concerns and potentially stabilize or improve the stock price in the short term.
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