Item 8.01. Other Events
On January 9, 2013, Stereotaxis, Inc. (the "Company") received notification from
the NASDAQ Stock Market ("NASDAQ") that the Company had regained compliance with
the minimum market value of publicly held shares requirement ("MVPHS
Requirement") of $15,000,000 for a minimum of 10 consecutive business days as
set forth in NASDAQ Listing Rule 5450(b)(3)(C) (the "Rule").
Previously, on June 25, 2012, the Company received a written deficiency notice
from NASDAQ advising the Company that it did not maintain a minimum MVPHS of
$15,000,000 for the 30 consecutive business days prior to the date of the
letter. Since, as described in the foregoing paragraph, the Company has regained
compliance with the Rule, NASDAQ advised that it considers this matter to be
closed.
Add
STXS to Portfolio
Set Alert
Email to a
Friend