IceCure Medical Regains Compliance with Nasdaq Minimum Closing Bid Price Rule
CAESAREA, Israel, Jan. 12, 2024 (GLOBE NEWSWIRE) — IceCure Medical Ltd. (Nasdaq:ICCM) (“IceCure” or the “Company”), developer of the ProSense® System, a minimally-invasive cryoablation technology that destroys tumors by freezing as an alternative to surgical tumor removal, today announced that it has received a written notice from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities, including the Company’s ordinary shares, to maintain a minimum bid price of $1.00 per share.
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