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-0.0387596899224807 -0.0379844961240311 -0.0379844961240311 -0.0992248062015504 -0.129457364341085 -0.186046511627907 -0.185658914728682 -0.224031007751938
Stock impact report

BIOLASE Announces Delisting from Nasdaq [Yahoo! Finance]

BIOLASE INC (BIOL) 
Last biolase inc earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: biolase.com/investors
Company Research Source: Yahoo! Finance
received a notice from Nasdaq that it has determined to delist the shares of the Company's common stock from The Nasdaq Stock Market. The delisting is a result of failure to satisfy the $1.00 minimum bid price listing requirement in Nasdaq Listing Rule 5550(a)(2) and failure to comply with Nasdaq's $2,500,000 minimum stockholders' equity requirement for continued listing or any of the alternative requirements in Listing Rule 5550(b). Suspension of trading in the Company's common stock on the Nasdaq exchange will be effective at the open of trading on June 20, 2024. BIOLASE CEO John Beaver. commented, "While we are disappointed in the Nasdaq delisting, this does not deter us from our long-term strategy of accelerating the adoption of lasers as we believe they will become the gold standard of dental care. There remains a significant untapped opportunity in the dental market for our BIOLASE lasers, with more than 90% of dentists yet to embrace all-tissue laser technology. To that end, Show less Read more
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