Current Report Filing (8-k)
June 30 2020 - 04:04PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
June 29, 2020
PRECIPIO,
INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
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001-36439
(Commission File Number)
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91-1789357
(IRS Employer Identification No.)
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4 Science Park, New Haven, CT 06511
(Address of principal executive offices)
(Zip Code)
(203) 787-7888
(Registrant's telephone number, including
area code)
Not Applicable
(Former name, former address and former fiscal year, if changed since last report date)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Ticker symbol(s)
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Name of each exchange on which registered
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Common Stock, $0.01 par value per share
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PRPO
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The Nasdaq Stock Market LLC
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Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 8.01 Other Events.
As previously reported,
on April 29, 2020, Precipio, Inc. (the "Company") received a letter from the Listing Qualifications Department of The
Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that for the past 30 consecutive business days, from March
17, 2020 to April 28, 2020, the closing bid price per share of its common stock was below the $1.00 minimum bid price requirement
for continued listing on Nasdaq pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).
As a result, the Company was notified by Nasdaq that it is not in compliance with the Minimum Bid Price Requirement.
On June 29, 2020, the
Company received a letter from Nasdaq stating that because the Company’s shares had a closing bid price at or above $1.00 per
share for a minimum of ten (10) consecutive business days, the Company’s stock had regained compliance with the Minimum Bid
Price Requirement for continued listing on Nasdaq, and that the matter is now closed.
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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PRECIPIO, INC.
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By:
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/s/ Ilan Danieli
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Name:
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Ilan Danieli
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Title:
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Chief Executive Officer
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Date: June 30, 2020
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