IceCure gets 180-day Nasdaq bid-price extension
IceCure Medical reports that Nasdaq has granted the Company an additional 180-day period, until November 9, 2026, to regain compliance with the exchange’s $1.00 minimum bid price requirement for its ordinary shares.
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Rhea-AI Filing Summary
IceCure Medical reports that Nasdaq has granted the Company an additional 180-day period, until November 9, 2026, to regain compliance with the exchange’s $1.00 minimum bid price requirement for its ordinary shares.
The extension follows a prior 180-day window that ended on May 11, 2026, during which IceCure did not regain compliance. The Company has indicated it intends to cure the deficiency and may, if needed, implement a reverse share split. If the closing bid price is at least $1.00 for a minimum of 10 consecutive business days before November 9, 2026, Nasdaq will deem the Company compliant, though Nasdaq can require up to 20 days.
The notice has no immediate effect on the listing or trading of IceCure’s ordinary shares, which continue to trade on the Nasdaq Capital Market under the ticker ICCM.
Insights
Nasdaq grants IceCure more time, but bid-price risk remains.
Nasdaq has given IceCure Medical a second 180-day period, until November 9, 2026, to restore its share price to at least $1.00. This follows an initial 180-day window that ended on May 11, 2026 without the Company regaining compliance.
The Company met all other Nasdaq Capital Market listing criteria, so the only deficiency involves the minimum bid price rule. IceCure has notified Nasdaq that it plans to cure the issue and may, if necessary, execute a reverse share split, which mechanically boosts the per-share price without changing overall market value.
To regain compliance, the closing bid must be at least $1.00 for 10 consecutive business days before November 9, 2026, although Nasdaq can extend this requirement up to 20 days. Until then, ICCM shares continue trading normally, but future disclosures will clarify whether price levels or any reverse split achieve sustained compliance.
Key Figures
Key Terms
minimum bid price rule regulatory
Nasdaq Capital Market market
forward-looking statements regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did IceCure Medical (ICCM) announce regarding its Nasdaq listing?
Why is IceCure Medical (ICCM) out of compliance with Nasdaq rules?
How can IceCure Medical regain compliance with Nasdaq’s minimum bid price?
What deadlines has Nasdaq set for IceCure Medical’s bid-price compliance?
AI-generated analysis. How Rhea-AI works. Not financial advice.
