trending Market Intelligence /marketintelligence/en/news-insights/trending/qrn9kirqyzsgpwo9ys4i6g2 content esgSubNav
In This List

Neovasc plans reverse stock split to regain Nasdaq compliance

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Global M&A by the Numbers: Q2 2022

Blog

Insight Weekly: US bank M&A; low refinancing eases rates impact; Texas crypto mining booms

Blog

Infographic 2022 Top Tech Trends Shaping Corporations


Neovasc plans reverse stock split to regain Nasdaq compliance

Neovasc Inc. is seeking shareholder approval for a reverse stock split to regain compliance with Nasdaq Capital Market's minimum bid price requirement.

The Canadian specialty medical device company said an affirmative vote could help it gain an extension to the July 2 deadline set by Nasdaq.

Neovasc is proposing a reverse stock split of up to 1-for-100, with timing to be determined by its board.

The company recently regained compliance with the exchange's $35 million minimum market value listing requirement.