IceCure Medical Receives Receipt From Nasdaq Minimum Bid Price Notification
Portfolio Pulse from Benzinga Newsdesk
IceCure Medical Ltd. (NASDAQ:ICCM) has received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share. The company has 180 days to regain compliance. The notice does not immediately affect the company's Nasdaq listing or trading.
July 19, 2024 | 8:31 pm
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IceCure Medical Ltd. has received a notice from Nasdaq for non-compliance with the minimum bid price requirement of $1.00 per share. The company has 180 days to regain compliance. The notice does not immediately affect the company's Nasdaq listing or trading.
The notice from Nasdaq indicates that IceCure Medical is not in compliance with the minimum bid price requirement, which could lead to delisting if not rectified within 180 days. This is likely to create negative sentiment among investors, potentially leading to a short-term decline in the stock price.
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