Harvard Bioscience Inc. Faces Nasdaq Listing Non-Compliance Due to Audit Committee Vacancy

Reuters
06-24
Harvard Bioscience Inc. Faces Nasdaq Listing Non-Compliance Due to Audit Committee Vacancy

Harvard Bioscience Inc. has announced a regulatory issue concerning its compliance with Nasdaq Listing Rule 5605(c)(2)$(A)$, which mandates a specific composition for its audit committee. The company currently has only two members on its Audit Committee due to the resignation of Alan Edrick, effective June 10, 2025. This falls short of the requirement, prompting Harvard Bioscience to notify the Nasdaq Stock Market LLC. The company plans to resolve this issue by appointing a new independent Board member as soon as possible. Meanwhile, it will utilize a cure period provided by Nasdaq, which allows until the next annual stockholder meeting or June 10, 2026, whichever comes first, to comply with the audit committee requirements.

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. Harvard Bioscience Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-25-004036), on June 23, 2025, and is solely responsible for the information contained therein.

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