Clover Health Regains Compliance with NASDAQ Minimum Bid Price Requirement
Clover Health Investments, Corp. - Class A Common stock (CLOV)
Company Research
Source: GlobeNewswire
FRANKLIN, Tenn., June 26, 2024 (GLOBE NEWSWIRE) -- Clover Health Investments, Corp. (NASDAQ: CLOV) (“Clover,” “Clover Health” or the “Company”), a physician enablement technology company committed to bringing access to great healthcare to everyone on Medicare, today announced that it has received formal notice from The Nasdaq Stock Market, LLC ("Nasdaq") stating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1). As previously disclosed, the Company received a written notice from Nasdaq on April 2, 2024, notifying the Company that it had failed to meet the $1.00 per share minimum bid price requirement as part of the Nasdaq Global Select Market’s listing standards. To regain compliance with the Listing Rule, the Company’s Class A Common Stock was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days, which was achieved on June 25, 2024. Nasdaq has stated tha
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CLOV
News
- CMS Improves Star Ratings to 3.5 Stars for Clover Health PPO Medicare Advantage Plans for 2025 Payment Year [Yahoo! Finance]Yahoo! Finance
- CMS Improves Star Ratings to 3.5 Stars for Clover Health PPO Medicare Advantage Plans for 2025 Payment YearGlobeNewswire
- Clover Health Investments, Corp.'s (NASDAQ:CLOV) largest shareholders are retail investors with 58% ownership, insiders own 24% [Yahoo! Finance]Yahoo! Finance
- Clover Health Announces Counterpart Health, a New SaaS and Tech Enabled Services Solution to Bring the Power of CA Technology to all Medicare Advantage Payors and ProvidersGlobeNewswire
- Analysts Have Been Trimming Their Clover Health Investments, Corp. (NASDAQ:CLOV) Price Target After Its Latest Report [Yahoo! Finance]Yahoo! Finance
CLOV
Earnings
- 5/7/24 - Beat
CLOV
Sec Filings
- 6/26/24 - Form 8-K
- 6/25/24 - Form 8-K
- 6/20/24 - Form 4
- CLOV's page on the SEC website