Business News • MarketWire • Amedica Announces Receipt of Nasdaq Notice of Bid Price Deficiency |
Amedica Announces Receipt of Nasdaq Notice of Bid Price Deficiency |
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Amedica Announces Receipt of Nasdaq Notice of Bid Price Deficiency
SALT LAKE CITY, UT--(Marketwired - Aug 19, 2016) - Amedica Corporation (NASDAQ: AMDA), a company that develops and commercializes silicon nitride ceramics as a biomaterial platform, announced today that on August 17, 2016, the Company received a letter from the Nasdaq Listings Qualifications department of the Nasdaq Capital Market ("Nasdaq") notifying the Company that the minimum bid price per share for its common stock was below $1.00 for a period of thirty (30) consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).
View More : http://www.marketwired.com/mw/release.do?id=2152216&sourceType=3
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