BioSig Technologies Faces Delisting Concerns
Ticker: STEX · Form: 8-K · Filed: Mar 11, 2024 · CIK: 1530766
| Field | Detail |
|---|---|
| Company | Biosig Technologies, Inc. (STEX) |
| Form Type | 8-K |
| Filed Date | Mar 11, 2024 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $1.00, $5,000,000 m |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, compliance, listing-standards
TL;DR
BioSig's stock might get delisted - big trouble ahead.
AI Summary
BioSig Technologies, Inc. filed an 8-K on March 11, 2024, reporting a notice of delisting or failure to satisfy a continued listing rule as of March 5, 2024. The company is incorporated in Delaware and its principal executive offices are located at 55 Greens Farms Road, Westport, Connecticut.
Why It Matters
This filing indicates potential issues with BioSig Technologies' compliance with stock exchange listing requirements, which could lead to delisting and negatively impact its stock.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's continued trading on an exchange.
Key Players & Entities
- BioSig Technologies, Inc. (company) — Registrant
- March 5, 2024 (date) — Earliest event reported
- March 11, 2024 (date) — Filing date
- 55 Greens Farms Road, Westport, Connecticut (location) — Principal executive offices
FAQ
What specific rule or standard has BioSig Technologies, Inc. failed to satisfy?
The filing does not specify the exact rule or standard that BioSig Technologies, Inc. has failed to satisfy, only that it is a notice of delisting or failure to satisfy a continued listing rule or standard.
What is the earliest date for the event reported in this 8-K?
The earliest date for the event reported is March 5, 2024.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on March 11, 2024.
Where are BioSig Technologies, Inc.'s principal executive offices located?
BioSig Technologies, Inc.'s principal executive offices are located at 55 Greens Farms Road, 1st Floor, Westport, Connecticut, 06880.
What is the Commission File Number for BioSig Technologies, Inc.?
The Commission File Number for BioSig Technologies, Inc. is 001-38659.
Filing Stats: 695 words · 3 min read · ~2 pages · Grade level 13.5 · Accepted 2024-03-11 09:00:41
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share BSGM The NASDAQ Capital M
- $1.00 — y did not meet the minimum bid price of $1.00 per share required for continued listin
- $5,000,000 m — se the Company does not comply with the $5,000,000 minimum stockholders' equity initial list
Filing Documents
- form8-k.htm (8-K) — 37KB
- 0001493152-24-009494.txt ( ) — 205KB
- bsgm-20240305.xsd (EX-101.SCH) — 3KB
- bsgm-20240305_lab.xml (EX-101.LAB) — 33KB
- bsgm-20240305_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BIOSIG TECHNOLOGIES, INC. Date: March 11, 2024 By: /s/ Frederick D. Hrkac Name: Frederick D. Hrkac Title: Principal Executive Officer