Summary of KIPS BAY MEDICAL, INC.

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KIPS > SEC Filings for KIPS > Form 8-K on 18-Mar-2013

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Form 8-K for KIPS BAY MEDICAL, INC.

18-Mar-2013

Other Events

Item 8.01. Other Events.

Kips Bay Medical, Inc. (the "Company") received a letter on March 14, 2013 from The Nasdaq Stock Market indicating that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Rule") because the Company's Common Stock has maintained a closing bid price of $1.00 per share or more for 10 consecutive trading days. The Nasdaq letter was issued in accordance with standard Nasdaq procedures.

The Company is now in full compliance with Nasdaq listing requirements.

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