BioSig Regains Compliance with Nasdaq’s Minimum Bid Price Requirement
13 Novembro 2024 - 5:14PM
BioSig Technologies, Inc. (NASDAQ: BSGM) (“BioSig” or “Company"), a
medical technology company delivering unprecedented accuracy and
precision to intra-cardiac signal visualization, today
announced that it has received notice from the Nasdaq Listing
Qualifications staff ("Nasdaq") informing the Company that it has
regained compliance with the minimum bid price requirement under
Nasdaq Listing Rule 5550(a)(2) (the "Rule").
To regain compliance with the Rule, the
Company's common stock was required to maintain a minimum closing
bid price of $1.00 or more for at least 10 consecutive business
days; on November 13, 2024, Nasdaq informed the Company it achieved
compliance with this Rule. Therefore, Nasdaq considers the prior
bid price deficiency matter now closed.
BioSig’s CEO, Anthony Amato stated, “We are
thrilled with the outpour of support and enthusiasm for our
Company’s relisting to the Nasdaq and for its continued success. We
greatly appreciate the opportunities we have been given and we will
continually make great efforts toward increasing shareholder
value.”
About BioSig Technologies, Inc. (BSGM)
BioSig Technologies is a medical technology company focused on
deciphering the body’s electrical signals, starting with heart
rhythms. By leveraging a first of its kind software, we deliver
unprecedented cardiac signal clarity, ending the reliance on ‘mixed
signals’ and ‘reading between the lines.’ Our platform technology
is addressing some of healthcare’s biggest challenges—saving time,
saving costs, and saving lives.
The Company’s FDA 510(k) cleared PURE EP™ Platform, provides
superior, real-time signal visualization allowing physicians to
perform highly targeted cardiac ablation procedures with increased
procedural efficiency and efficacy.
Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Such statements may be preceded by the words "intends,"
"may," "will," "plans," "expects," "anticipates," "projects,"
"predicts," "estimates," "aims," "believes," "hopes," "potential"
or similar words. Forward-looking statements are not guarantees of
future performance, are based on certain assumptions, and are
subject to various known and unknown risks and uncertainties, many
of which are beyond the Company's control, and cannot be predicted
or quantified and consequently, actual results may differ
materially from those expressed or implied by such forward-looking
statements. Such risks and uncertainties include, without
limitation, risks and uncertainties associated with BioSig’s
ability to conduct its business and raise capital in the future
when needed; BioSig’s inability to manufacture its products and
product candidates on a commercial scale on its own, or in
collaboration with third parties; difficulties in obtaining
financing on commercially reasonable terms; changes in the size and
nature of BioSig’s competition; loss of one or more key executives
or scientists; and difficulties in securing regulatory approval to
market BioSig’s products and product candidates. For a discussion
of other risks and uncertainties, and other important factors, any
of which could cause BioSig’s actual results to differ from those
contained in forward-looking statements, see BioSig’s filings with
the Securities and Exchange Commission (“SEC”), including the
section titled “Risk Factors” in BioSig’s Annual Report on Form
10-K, filed with the SEC on April 16, 2024. Investors and security
holders are urged to read these documents free of charge on the
SEC's website at http://www.sec.gov. The Company assumes no
obligation to publicly update or revise its forward-looking
statements as a result of new information, future events or
otherwise, except as required by law.
Todd Adler
BioSig Technologies, Inc.
Investor Relations
12424 Wilshire Blvd Ste 745
Los Angeles, CA 90025
tadler@biosigtech.com
203-409-5444 ext. 104
Anthony Amato
Chief Executive Officer
aamato@biosigtech.com
203-409-5444 ext. 102
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