Cardio Diagnostics Holdings, Inc. Regains Compliance with Nasdaq Minimum Bid Price

Cardio Diagnostics Holdings, Inc. (Nasdaq: CDIO) (โ€œCardio Diagnosticsโ€ or the โ€œCompanyโ€), a pioneer in AI-powered precision cardiovascular medicine, today announced that on May 28, 2025, it received a notification letter (the โ€œNotification Letterโ€) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (โ€œNasdaqโ€) notifying the Company that it had regained compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rule 5550(a)(2) (โ€œMinimum Bid Requirementโ€) for continued listing on The Nasdaq Capital Market. This was disclosed in the Companyโ€™s Current Report on Form 8-K filed on May 28, 2025.

The Nasdaq staff made this determination of compliance after the closing bid price of the Companyโ€™s common stock traded above $1.00 per share from May 13, 2025, the date immediately following the Companyโ€™s 1:30 reverse stock split having gone effective, through May 27, 2025. Accordingly, Nasdaq determined that the Company has regained compliance with Nasdaqโ€™s Minimum Bid Requirement, and that Nasdaq considered the matter closed.

About Cardio Diagnostics

Cardio Diagnostics is an artificial intelligence-powered precision cardiovascular medicine company that makes cardiovascular disease prevention, detection, and management more accessible, personalized, and precise. The Company was formed to further develop and commercialize clinical tests by leveraging a proprietary Artificial Intelligence (AI)-driven Integrated Genetic-Epigenetic Engine (โ€œCore Technologyโ€) for cardiovascular disease to become one of the leading medical technology companies for improving prevention, detection, and treatment of cardiovascular disease. For more information, please visit https://cdio.ai/.

Forward-Looking Statements

Certain statements and information included in this press release constitute โ€œforward-looking statementsโ€ within the meaning of the Private Securities Litigation Act of 1995. When used in this press release, the words or phrases โ€œwillโ€, โ€œwill likely result,โ€ โ€œexpected to,โ€ โ€œwill continue,โ€ โ€œanticipated,โ€ โ€œestimate,โ€ โ€œprojected,โ€ โ€œintend,โ€ โ€œgoal,โ€ or similar expressions are intended to identify โ€œforward-looking statementsโ€ within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, many of which are beyond the control of the Company. Such uncertainties and risks include but are not limited to, our ability to successfully execute our growth strategy, changes in laws or regulations, economic conditions, and dependence on results as discussed in the Annual Report on Form 10-K for the period ended December 31, 2024, under the heading โ€œRisk Factorsโ€ in Part I, Item IA thereof, and other documents filed from time to time with the Securities and Exchange Commission. Such factors could materially adversely affect the Companyโ€™s financial performance and could cause the Companyโ€™s actual results for future periods to differ materially from any opinions or statements expressed within this press release.

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