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Regulatory

DM

Desktop Health, a brand of Desktop Metal, Inc. (NYSE:DM), announced the first patients have been treated with CMFlex, a 3D printed synthetic bone graft product developed by Dimension Inx. CMFlex, which received FDA clearance in December 2022, has been used in jaw surgeries and dental socket preservation cases. Dimension Inx, which owns four Desktop Health 3D-Bioplotters, has been developing CMFlex since 2009. The product is currently available to select surgeons, with a broader release expected in 2024.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:31 pm

AIRI

Air Industries Group (AIRI) has received a notice from NYSE American due to the late filing of its quarterly report on Form 10-Q. The notice is a standard procedure under NYSE American rules, indicating that the company did not meet the filing deadline. AIRI must submit a plan to regain compliance within a given timeframe to maintain its listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:31 pm

BWMN

Bowman Consulting Group Ltd. has filed for a mixed shelf offering with the SEC, allowing the company to issue various types of securities up to a total of $100 million. This move could potentially finance future acquisitions, debt management, or other corporate activities.

Portfolio Pulse from Charles Gross

November 29, 2023 | 9:31 pm

FOXO

FOXO Technologies Inc. (NYSE:FOXO) received a notice from NYSE American for not filing its Q3 Form 10-Q on time, violating the Exchange's listing standards. The company has until May 20, 2024, to file and regain compliance, with a possible six-month extension. FOXO's securities will continue trading with a late filer indicator during this period.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:30 pm

WNW

Meiwu Technology Company Limited (WNW) received a Nasdaq delisting determination due to its securities closing at a bid price of $0.10 or less for ten consecutive trading days. The company plans to appeal the decision and is working on a compliance plan to present to the Nasdaq Hearings Panel. If no appeal is requested, WNW's securities will be suspended on December 5, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:28 pm

DM

Desktop Metal, Inc. has received a notice from the NYSE regarding a continued listing standard issue due to the company's stock price. The NYSE requires a minimum average closing price of $1.00 per share over a consecutive 30 trading-day period. Desktop Metal's stock has fallen below this threshold, prompting the notice. The company has a six-month period to regain compliance with the minimum share price requirement. During this period, Desktop Metal's stock will continue to be listed and traded on the NYSE, subject to compliance with other NYSE continued listing standards.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:26 pm

INSE

Inspired Entertainment, Inc. has received a notification from Nasdaq due to the delay in filing its Form 10-Q. The company is working to complete the filing and regain compliance with Nasdaq's listing rules. The notification has no immediate effect on the listing of INSE's shares, and the company has until May 15, 2023, to submit a plan to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:20 pm

ELIQ

Electriq Power has received a notice from the NYSE regarding a continued listing standard issue. The company must address the issue to maintain its listing on the exchange. The specific standards not met were not disclosed in the article.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:20 pm

EWY

NVAX

Novavax has announced that its updated COVID-19 vaccine has been granted Emergency Use Authorization (EUA) in the Republic of Korea. This authorization allows for the use of the vaccine, which has been updated to target the original virus strain and the Omicron variant.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:17 pm

WB

Weibo Corporation has filed a prospectus for a mixed shelf offering, although the size of the offering has not been disclosed. This type of filing allows the company to sell various types of securities over time.

Portfolio Pulse from Charles Gross

November 29, 2023 | 9:13 pm