NVCN - Neovasc granted additional 180 days to regain Nasdaq bid price compliance

Nasdaq notified Neovasc (NVCN +5.6%) that it is granting an additional 180 calendar day period within which to evidence compliance with the $1 bid price requirement post expiration of the current compliance period on Nov.22. The notice does not impact the Nasdaq listing. Time frame has been provided until May 23, 2022 to regain compliance with Nasdaq listing rule. To regain compliance, the company's common shares must have a closing bid price of at least $1.00 for a minimum of 10 consecutive business days.

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Neovasc granted additional 180 days to regain Nasdaq bid price compliance