BioSig Technologies (BSGM) announced its successful appeal to the Nasdaq Panel, and as a result the company’s common stock will resume trading on the Nasdaq at the open of trading on Wednesday, October 23. The company was granted an extension until March 7, 2025, a 360-day grace period from the point at which the Market Value of Listed Securities, or MVLS, requirement previously became non-compliant. BioSig’s CEO, Anthony Amato stated, “We’d like to thank Nasdaq and its leadership for their diligence and attention to detail working through the complexity of our case. We additionally would like to extend our gratitude and appreciation to our attorneys and advisors who provided us with excellent guidance during this appeal. Lastly, I would like to thank our many shareholders for their continued support during this extremely challenging year. This is a very positive development for our company, as we are determined to restore shareholder value.”
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