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An announcement from Cutera ( (CUTR) ) is now available.
Cutera, Inc. faces a challenge as its stock price has fallen below Nasdaq’s minimum requirement for over a month, risking its delisting. The company has until March 2025 to raise its stock price above $1 for ten consecutive days, with the option for an additional 180 days to comply by potentially moving to the Nasdaq Capital Market and considering a reverse stock split. Amidst this, their Chief Technology Officer, Michael A. Karavitis, resigned but will continue as an advisor to aid in the transition.
Learn more about CUTR stock on TipRanks’ Stock Analysis page.
