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0 -0.00176574455562092 -0.0147145379635078 -0.00588581518540318 0.000588581518540416 0.0170688640376693 -0.0347263095938787 -0.0294290759270158
Stock impact report

BIOLASE, Inc. Granted Extension by Nasdaq to Regain Compliance with the Stockholders' Equity Continued Listing Requirement [Yahoo! Finance]

Biolase, Inc. (BIOL) 
Last biolase, inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: biolase.com/investors
Company Research Source: Yahoo! Finance
notice from the Staff of the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") that the Staff has determined to grant the Company an extension of time to regain compliance with Listing Rule 5550(b) (the "Rule"). The Rule requires a minimum of $2,500,000 stockholders' equity, $35,000,000 market value of listed securities, or $500,000 net income from continuing operations. On December 22, 2023, as supplemented on January 22, 2024, the Company submitted its plan of compliance to the Staff. On February 13, 2024, the Staff provided notice to the Company that the Staff had granted an extension to regain compliance with the Rule, conditioned upon the Company no later than March 31, 2024, closing a public offering that will raise approximately $6.5 million in equity capital and evidencing compliance with the Rule. As previously reported, the Company announced the pricing of a public offering of approximately $7.0 million, which is expected to close on Show less Read more
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