6 unchanged sentences
to be immaterial also may materially adversely affect our business, financial condition and/or operating results.
−Removed: If we are unable to maintain compliance
−Removed: with the listing requirements of The Nasdaq Capital Market by July 15, 2024, our common stock will be delisted from The Nasdaq Capital
+Added: If we are unable to
+Added: maintain compliance with the listing requirements of The Nasdaq Capital Market, our common stock may be delisted from The Nasdaq Capital
Market which could have a material adverse effect on our financial condition and could make it more difficult for shareholders to sell
19 unchanged sentences
compliance with Listing Rules 5550(a)(2) and 5550(b).
−Removed: We intend to implement a plan to meet the milestones set forth by the Panel prior
−Removed: to July 15, 2024, but such plan will require, among other items, the completion of a significant financing for which we have no commitments.
+Added: On July 12, 2024, we requested an extension of this time period until August 12,
+Added: On July 19, 2024, the Panel granted the requested extension until August 12, 2024, which date represented the full extent of the
+Added: Panel’s discretion to grant continued listing while we are non-compliant with Listing Rule 5550(b).
+Added: On July 5, 2024, we received a letter from the
+Added: Nasdaq Staff notifying we had regained compliance with Bid Price Rule as a result of the closing bid price of our common stock being at
+Added: $1.00 per share or greater for the 20 consecutive business days from June 5, 2024, through July 3, 2024.
+Added: On August 7, 2024, we
+Added: filed a Form 8-K with the SEC indicating that as of that date, our shareholders’ equity was above the $2.5 million continued listing
+Added: equity requirement as set forth in Listing Rule 5550(b)(1).
+Added: As of the date hereof, we have not received any notice from Nasdaq on our
+Added: compliance status.
Delisting from The Nasdaq
4 unchanged sentences
Unregistered Sales of Equity Securities and Use of Proceeds
+Added: Except as previously disclosed on Form 8-K, we
+Added: have not issued any unregistered securities during the quarter ended June 30, 2024.
Defaults Upon Senior Securities
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.