Cardio Diagnostics Holdings Inc. Regains Nasdaq Compliance Following Reverse Stock Split

Reuters
05-29
Cardio Diagnostics Holdings Inc. Regains Nasdaq Compliance Following Reverse Stock Split

Cardio Diagnostics Holdings Inc., a leader in AI-powered precision cardiovascular medicine, has announced that it has regained compliance with Nasdaq's minimum bid price requirement. The company received a notification letter from Nasdaq's Listing Qualifications Department confirming that its common stock's closing bid price traded above $1.00 per share from May 13 to May 27, 2025, following a 1:30 reverse stock split. This compliance ensures the continued listing of Cardio Diagnostics on The Nasdaq Capital Market, with Nasdaq considering the matter resolved.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cardio Diagnostics Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250529928076) on May 29, 2025, and is solely responsible for the information contained therein.

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