Close

Sunshine Heart (SSH) Receives Nasdaq Continued Listing Notification

Go back to Sunshine Heart (SSH) Receives Nasdaq Continued Listing Notification

Sunshine Heart Announces Receipt of Nasdaq Extension to Comply with Listing Requirements

November 22, 2016 5:30 AM EST

EDEN PRAIRIE, Minn., Nov. 22, 2016 (GLOBE NEWSWIRE) -- Sunshine Heart, Inc. (NASDAQ: SSH) today announced that on November 21, 2016 it received a letter from the Nasdaq Office of General Counsel indicating that the Panel had granted the Company continued listing on the Nasdaq Capital Market while it implements its plan to regain compliance with both the $1.00 minimum bid price requirement and the $2.5 million minimum stockholders equity requirement. The Panel has granted Sunshine Heart time until January 30, 2017 to evidence a closing bid price of $1.00 or more for a minimum of ten prior consecutive trading days, and until March 20, 2017... More