PolarityTE, Inc. Regains Compliance With NASDAQ Independent Director Requirement
Corner Growth Acquisition Corp. - Class A Ordinary Shares (COOL)
US:NASDAQ Investor Relations:
ir.polarityte.com
Company Research
Source: GlobeNewswire
SALT LAKE CITY, April 25, 2018 (GLOBE NEWSWIRE) -- PolarityTE, Inc. (Nasdaq:COOL) today announced it has received formal notification from the Listing Qualifications Department of The NASDAQ Stock Market ("NASDAQ") notifying PolarityTE that it has regained compliance with Listing Rules 5605(b)(1) and 5605(c)(2), the independent director requirement for continued listing on The NASDAQ Stock Market, with the appointment of Mr. Willie Bogan, and that the matter is now closed. PolarityTE’s common stock will continue to be listed on The NASDAQ Capital Market. On November 1, 2017, NASDAQ notified the Company that it did not comply with the independent director requirement for continued listing on The Nasdaq Capital Market set forth in Listing Rules 5605(b)(1) and 5605(c)(2). The Rule requires that a majority of the directors comprising the Company’s Board of Directors be considered “independent,” as defined under the Rule. On April 23, 2018, NASDAQ provided confirmation to the Company
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