HeartCore Enterprises Inc. Faces Potential Nasdaq Delisting Due to Non-Compliance with Minimum Bid Price Requirement

Reuters
05-14
<a href="https://laohu8.com/S/HTCR">HeartCore Enterprises</a> Inc. Faces Potential Nasdaq Delisting Due to Non-Compliance with Minimum Bid Price Requirement

HeartCore Enterprises Inc. has announced that it received a notice from the Nasdaq Listing Qualifications Department on May 6, 2025, regarding non-compliance with the $1.00 minimum bid price requirement. This requirement is essential for maintaining its listing on the Nasdaq Capital Market. The notification does not immediately affect the trading of HeartCore's common stock, which continues under the symbol "HTCR." The company has until November 3, 2025, to regain compliance by achieving a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days. HeartCore is considering various actions to address the issue, including the potential for a reverse stock split, should it fail to meet the requirement within the initial period. There is no assurance of compliance, but the company is actively monitoring its stock price and evaluating strategies to resolve the deficiency.

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. HeartCore Enterprises 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: 0001641172-25-009942), on May 13, 2025, and is solely responsible for the information contained therein.

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