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Stock impact report

Precipio Receives Expected Delisting Determination from Nasdaq Staff and Will Request Nasdaq Hearing

Precipio, Inc. (PRPO) 
US:NASDAQ Investor Relations: precipiodx.com/investors.html
Company Research Source: GlobeNewswire
NEW HAVEN, Conn., March 27, 2019 (GLOBE NEWSWIRE) -- Specialty diagnostics company Precipio, Inc. (NASDAQ: PRPO) today announced that it has received the expected delisting determination from Nasdaq Staff. The Company has subsequently filed a request for a hearing before the Nasdaq Hearings Panel (the "Panel"), as management believes that it has strong basis for requesting the appeal. The process involves the Company requesting a compliance hearing within 7 days from the receipt of the delisting notification. Companies are typically scheduled for a hearing 30 to 45 days from the date of its request for a hearing, and the Hearing Panel typically issues a decision within 30 days of the hearing. As informed by Nasdaq, the delisting of the company will be postponed pending a decision by the Hearing Panel - meaning the company shall remain listed on Nasdaq until the hearing takes place, and the Hearing Panel has issued a written decision. About PrecipioPrecipio has built a platform des Show less Read more
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