Breaking News Instant updates and real-time market news.

SSH

Sunshine Heart

$0.17

-0.005 (-2.84%)

05:40
11/22/16
11/22
05:40
11/22/16
05:40

Sunshine Heart receives extension to comply with Nasdaq listing requirements

Sunshine Heart announced that on November 21, 2016 it received a letter from the Nasdaq Office of General Counsel indicating that the Panel had granted the company continued listing on the Nasdaq Capital Market while it implements its plan to regain compliance with both the $1.00 minimum bid price requirement and the $2.5M minimum stockholders' equity requirement. The Panel has granted Sunshine Heart time until January 30, 2017 to evidence a closing bid price of $1.00 or more for a minimum of ten prior consecutive trading days, and until March 20, 2017 to evidence compliance with the $2.5M stockholder's equity requirement. The company is diligently working on executing its plan to demonstrate compliance with the continued listing requirements, and will provide a further update when relevant information becomes available. There can be no assurance that the company will be able to evidence compliance with the applicable listing criteria within the period of time granted by the Panel.

SSH Sunshine Heart
$0.17

-0.005 (-2.84%)

03/04/16
OPCO
03/04/16
DOWNGRADE
OPCO
Perform
Sunshine Heart downgraded to Perform from Outperform at Oppenheimer
Oppenheimer downgraded Sunshine Heart after the company indicated that it is stopping its C-Pulse U.S. clinical trial and ongoing data collection in Europe as it looks to submit a new trial design to the FDA.

TODAY'S FREE FLY STORIES

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.