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Neovasc Inc. NVCN

Neovasc Inc is a specialty medical device company. It develops, manufactures and markets products for the rapidly growing cardiovascular marketplace. Its products the Neovasc Reducer (Reducer), for the treatment of refractory angina, which is not currently commercially available in the United States and has been commercially available in Europe since 2015, and the Tiara, for the transcatheter treatment of mitral valve disease, which is under clinical investigation in the United States, Canada, Israel and Europe. The company earns revenue from one source, the Reducer.


NDAQ:NVCN - Post by User

Comment by NOPAINNOGAIN123on Apr 05, 2018 12:17pm
138 Views
Post# 27836515

RE:RE:any delisting possibility on both TSX and NASDAQ ?

RE:RE:any delisting possibility on both TSX and NASDAQ ?

The Company intends to monitor the market value between now and September 18, 2018 and intends to cure the deficiency within the prescribed grace period. During this time, we expect that the Company's common shares will continue to be listed and trade on The Nasdaq Capital Market.

The Company's business operations are not affected by the receipt of the Notification Letter.

The Company is also listed on the Toronto Stock Exchange and the Notification Letter does not affect the Company's compliance status with such listing.


Read more at https://www.stockhouse.com/news/press-releases/2018/03/23/neovasc-receives-nasdaq-notification-regarding-minimum-market-value-deficiency#1Bs8RIrLTUlKTYd7.99
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