Nuwellis Granted Continued Listing On The Nasdaq Stock Market, Subject To Conditions
Portfolio Pulse from Benzinga Newsdesk
Nuwellis, Inc. (NASDAQ:NUWE) has been granted continued listing on the Nasdaq Stock Market, subject to conditions. The company must file a Form 10-Q, provide income projections, and demonstrate compliance with the minimum Bid Price Rule by November 19, 2024.
August 08, 2024 | 1:02 pm
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Nuwellis, Inc. has been granted continued listing on the Nasdaq Stock Market, subject to conditions including filing a Form 10-Q, providing income projections, and demonstrating compliance with the minimum Bid Price Rule by November 19, 2024.
The continued listing on Nasdaq is positive news for Nuwellis, as it avoids delisting. However, the company must meet several conditions by November 19, 2024, which could create uncertainty. Successfully meeting these conditions could positively impact the stock price.
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