Avalon GloboCare (ALBT) Receives Nasdaq Non-compliance Notice

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Avalon GloboCare Receives Notice from Nasdaq Regarding Delayed Quarterly Report

May 24, 2024 5:00 PM EDT

FREEHOLD, N.J., May 24, 2024 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (Avalon or the Company) (NASDAQ: ALBT), a developer of innovative cell-based technology, cellular therapy and precision diagnostics, today announced that it received a notice (the Notice) on May 22, 2024 from The Nasdaq Stock Market LLC (Nasdaq) stating that the Company is not in compliance with the requirements for continued listing under Nasdaq Listing Rule 5250(c)(1) (the Listing Rule) because the Company has not yet filed its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024 (the Quarterly Report) with the Securities and Exchange Commission (the... More