BioCardia Inc. Granted Nasdaq Extension After Falling Below Stockholders’ Equity Listing Requirement

Reuters
Sep 24
<a href="https://laohu8.com/S/BCDA">BioCardia</a> Inc. Granted Nasdaq Extension After Falling Below Stockholders' Equity Listing Requirement

**BioCardia Inc. Receives Nasdaq Extension to Regain Compliance** BioCardia Inc. has announced it received an extension from the Nasdaq Stock Market to regain compliance with continued listing requirements. The company had previously fallen below the minimum $2.5 million stockholders' equity threshold required by Nasdaq Listing Rule 5550(b)(1). In response, BioCardia completed two private placements in April and June 2025, raising a combined $1.25 million in net proceeds. After submitting a compliance plan in May, Nasdaq granted BioCardia until September 29, 2025, to meet the listing standard. The company is taking actions to restore compliance and maintain its Nasdaq listing.

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. BioCardia 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: 0001437749-25-029768), on September 24, 2025, and is solely responsible for the information contained therein.

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