Item 3.01 - Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On
In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has a period
of 180 calendar days, or until
If the Company is not in compliance by
The Company intends to actively monitor the closing bid price of its Common Stock and may, if appropriate, consider implementing available options to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:
This Current Report on Form 8-K contains forward-looking statements, including,
but not limited to, statements regarding the Company's ability to regain
compliance with the minimum bid price requirement, the Company's intentions to
actively monitor closing bid price of its Common Stock and the Company's plans
to consider implementing available options to regain compliance with the minimum
bid price requirement. The Company's actual results and the timing of events
could differ materially from those anticipated in such forward-looking
statements as a result of these risks and uncertainties, including the risk that
the Company may not meet the minimum bid price requirement during any compliance
period or in the future, the risk that the Company may not otherwise meet the
requirements for continued listing under the Nasdaq Listing Rules, the risk that
Nasdaq may not grant the Company relief from delisting if necessary, the risk
that the Company may not ultimately meet applicable Nasdaq requirements if any
such relief is necessary, among other risks and uncertainties. A further
description of the risks and uncertainties relating to the business of the
Company is contained in the Company's most recent annual report on Form 10-K and
the Company's quarterly reports on Form 10-Q, as well as any amendments thereto
reflected in subsequent filings with the
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