BioSig Technologies Confirms Full Compliance with Nasdaq Requirements for Continued Listing on The Nasdaq Capital Market
March 26 2025 - 9:00AM
BioSig Technologies, Inc. (BSGM) (“BioSig” or the “Company"), a
medical technology company delivering unprecedented accuracy and
precision to intra-cardiac signal visualization, is pleased to
announce that its common stock will continue trading on The Nasdaq
Capital Market (“Nasdaq”).
On March 24, 2025, the Company received formal notice from The
Nasdaq Stock Market LLC confirming that it has met the required
minimum stockholders’ equity threshold of $2.5M as outlined in
Listing Rule 5550(b). As a result, the Company’s previously
disclosed deficiency has been resolved, and the Company now remains
in full compliance with all applicable Nasdaq continued listing
standards.
BioSig’s CEO, Anthony Amato, stated, “We are pleased to have
regained full compliance with Nasdaq’s listing requirements,
reinforcing our commitment to maintaining the highest standards of
corporate governance and financial stability. This achievement
reflects our commitment to delivering long-term value to our
shareholders, executing on our strategic initiatives, and
maintaining a strong financial position. With compliance restored,
BioSig remains focused on advancing its operational goals and
strengthening its market position. We are excited about the
momentum we are building and the opportunities that lie ahead. Our
focus remains on innovation, strategic partnerships, and potential
investments in cutting-edge technologies to ensure we continue to
meet and exceed the expectations of our shareholders."
Further details regarding specific initiatives and partnerships
will be announced as they progress. BioSig remains committed to
transparency and will continue to provide updates as developments
unfold.
About BioSig Technologies, Inc. (BSGM)
BioSig Technologies is a medical device
technology company with an advanced digital signal processing
technology platform, the PURE EP™ Platform that delivers insights
to electrophysiologists for ablation treatments of cardiovascular
arrhythmias.
The PURE EP™ Platform enables
electrophysiologists to acquire raw signal data in real-time—absent
of unnecessary noise or interference—to maximize procedural success
and minimize unnecessary inefficiencies. As physician advocates, we
believe that the ability to maintain the integrity of intracardiac
signals with precision and clarity without driving up procedural
costs has never been more pertinent.
Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Such statements may be preceded by the words "intends,"
"may," "will," "plans," "expects," "anticipates," "projects,"
"predicts," "estimates," "aims," "believes," "hopes," "potential"
or similar words. Forward-looking statements are not guarantees of
future performance, are based on certain assumptions, and are
subject to various known and unknown risks and uncertainties, many
of which are beyond the Company's control, and cannot be predicted
or quantified and consequently, actual results may differ
materially from those expressed or implied by such forward-looking
statements. Such risks and uncertainties include, without
limitation, risks and uncertainties associated with (i) our cost
reduction plan and associated workforce reduction or other
cost-saving measures not reaching the targeted reduction of cash
burn by 50%; (ii) the geographic, social, and economic impact of
pandemics or worldwide health issues on BioSig’s ability to conduct
its business and raise capital in the future when needed; (iii)
BioSig’s inability to manufacture its products and product
candidates on a commercial scale on its own, or in collaboration
with third parties; (iv) difficulties in obtaining financing on
commercially reasonable terms; (v) changes in the size and nature
of BioSig’s competition; (vi) loss of one or more key executives or
scientists; and (vii) difficulties in securing regulatory approval
to market BioSig’s products and product candidates. For a
discussion of other risks and uncertainties, and other important
factors, any of which could cause BioSig’s actual results to differ
from those contained in forward-looking statements, see BioSig’s
filings with the Securities and Exchange Commission (“SEC”),
including the section titled “Risk Factors” in BioSig’s Annual
Report on Form 10-K, filed with the SEC on April 16, 2024.
Investors and security holders are urged to read these documents
free of charge on the SEC's website at http://www.sec.gov. The
Company assumes no obligation to publicly update or revise its
forward-looking statements as a result of new information, future
events or otherwise, except as required by law.
Todd Adler
BioSig Technologies, Inc.
Investor Relations
12424 Wilshire Blvd Ste 745
Los Angeles, CA 90025
tadler@biosigtech.com
203-409-5444, x104
Anthony Amato
Chief Executive Officer
aamato@biosigtech.com
BioSig Technologies (NASDAQ:BSGM)
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