OCEA — Deadline for Compliance with Nasdaq Listing Rules for Ocean Biomedical, Inc.

Jun 2, 2025, 5:00:00 AM UTC

Compliance Deadline

Summary

Ocean Biomedical, Inc. faces a compliance deadline with Nasdaq on June 2, 2025, after receiving notification on December 3, 2024, regarding its failure to meet the minimum bid price requirement of $1 per share for listed securities. The company has a 180-day compliance period to rectify this situation. If it fails to regain compliance, Ocean Biomedical may become eligible for an extension or face potential delisting from Nasdaq. Regaining compliance is critical to maintaining investor confidence and avoiding disruption to capital-raising efforts.

Participants
Ocean BiomedicalInc.

Company

OCEAN BIOMEDICAL INC (OCEA)

NASDAQHealthcare, Biotechnology

www.oceanbiomedical.com

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