공시 • Oct 04
Harvard Bioscience Receives a Notification Letter from the Listing Qualifications Department of the Nasdaq Stock Market On October 2, 2025, Harvard Bioscience, Inc., received a notification letter from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it had been granted an additional 180 days, or until March 30, 2026, to regain compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market under Nasdaq Marketplace Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”), based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Nasdaq Capital Market with the exception of the bid price requirement, and the Company’s written notice of its intention to cure the deficiency during the second compliance period. In order to be eligible to receive the Second Compliance Period, the Company applied to have its common stock transferred from the Nasdaq Global Market to the Nasdaq Capital Market. In connection with the grant of the Second Compliance Period, the application was approved and the Common Stock will move to the Nasdaq Capital Market effective at the opening of business on October 3, 2025. If at any time before March 30, 2026, the bid price of the Common Stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, the Staff will provide written confirmation that the Company has achieved compliance, subject to the Staff’s discretion to extend the minimum bid price compliance period. If the Company does not regain compliance with the Minimum Bid Price Requirement by the end of the Second Compliance Period, the Common Stock will become subject to delisting. In the event that the Company receives notice that the Common Stock is being delisted, the Nasdaq listing rules permit the Company to appeal a delisting determination by the Staff to a hearings panel. The Nasdaq Capital Market operates in substantially the same manner as the Nasdaq Global Market, and the Company’s Common Stock will continue to be listed and traded under the symbol “HBIO.” The Company intends to continue to monitor the closing bid price of the Common Stock between now and March 30, 2026, and will consider available options to regain compliance with the Minimum Bid Price Requirement, including effecting a reverse stock split, if necessary. However, there can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement or will otherwise be in compliance with other Nasdaq Listing Rules. 공시 • Jun 29
Harvard Bioscience, Inc. Provides Non-Compliance Update On June 18, 2025, Harvard Bioscience, Inc. (the Company") notified the Nasdaq Stock Market LLC (Nasdaq") that the Company is not in compliance with the audit committee requirement set in Nasdaq Listing Rule 5605(c)(2)(A) (the Audit Committee Composition Requirement") due to the Company having only two members on the audit committee (the Audit Committee") of its Board of Directors (the Board"). The Company's current failure to comply with the Audit Committee Composition Requirement is due to a vacancy resulting from Alan Edrick's resignation from the Board and the Audit Committee effective June 10, 2025. On June 26, 2025, the Company received a letter from the staff at the Listing Qualifications Department of Nasdaq (the "Staff") notifying the Company that the Staff had determined that the Company no longer complies with the Audit Committee Composition Requirement. The Company intends to regain compliance with Nasdaq Listing Rule 5605(c)(2)(A) by appointing a new Board member who meets the independence requirements under Nasdaq rules and Rule 10A-3(b)(1) under the Securities Exchange Act of 1934, as amended, as expeditiously as practicable. Until such appointment, the Company plans to rely on the cure period set forth in Nasdaq Listing Rule 5605(c)(4), which gives the Company until the earlier of (i) the Company's next annual meeting of stockholders or (ii) one year from Mr. Edrick's resignation, or June 10, 2026 to satisfy the Audit Committee Composition Requirement. 공시 • Jun 24
Harvard Bioscience Receives Nasdaq Non-Compliance Notice Regarding Audit Committee Requirement On June 18, 2025, Harvard Bioscience, Inc. (the Company") notified the Nasdaq Stock Market LLC (Nasdaq") that the Company is not in compliance with the audit committee requirement set in Nasdaq Listing Rule 5605(c)(2)(A) (the Audit Committee Composition Requirement") due to the Company having only two members on the audit committee (the Audit Committee") of its Board of Directors (the Board"). The Company's current failure to comply with the Audit Committee Composition Requirement is due to a vacancy resulting from Alan Edrick's resignation from the Board and the Audit Committee effective June 10, 2025. The Company intends to regain compliance with Nasdaq Listing Rule 5605(c)(2)(A) by appointing a new Board member who meets the independence requirements under Nasdaq rules and Rule 10A-3(b)(1) under the Securities Exchange Act of 1934, as amended, as expeditiously as practicable. Until such appointment, the Company plans to rely on the cure period set in Nasdaq Listing Rule 5605(c)(4), which gives the Company until the earlier of (i) the Company's next annual meeting of stockholders or (ii) one year from Mr. Edrick's resignation, or June 10, 2026 to satisfy the Audit Committee Composition Requirement.