Spectral AI On June 3, Got Letter From Nasdaq, Co Not Currently In Compliance With Listing Requirement On Nasdaq
Portfolio Pulse from Benzinga Newsdesk
Spectral AI received a letter from Nasdaq on June 3, indicating that the company is not currently in compliance with Nasdaq's listing requirements, according to an SEC filing.
June 05, 2024 | 8:35 pm
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Spectral AI, trading under the symbol MDAI, received a letter from Nasdaq on June 3, stating that it is not in compliance with Nasdaq's listing requirements. This could lead to potential delisting if the company does not take corrective actions.
The non-compliance letter from Nasdaq indicates that Spectral AI is at risk of being delisted if it does not meet the listing requirements. This news is likely to negatively impact the stock price in the short term as investors react to the potential risk.
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