Predictive Oncology Inc (POAI): SKLN could be delisted from NASDAQ. O...

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Predictive Oncology Inc (POAI)

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Monday, 04/18/2016 2:47:57 PM

Monday, April 18, 2016 2:47:57 PM

SKLN could be delisted from NASDAQ.

On April 13, 2016, Skyline Medical Inc. (the “ Company ”) received a letter from the Listing Qualifications Department (the “ Staff ”) of The Nasdaq Stock Market LLC (“ Nasdaq ”) informing the Company that because the closing bid price for the Company’s common stock listed on Nasdaq was below $1.00 for 30 consecutive trading days, the Company does not comply with the minimum closing bid price requirement for continued listing on The Nasdaq Capital Market under Nasdaq Marketplace Rule 5550(a)(2), requiring a minimum bid price of $1.00 per share (the “ Minimum Bid Price Requirement ”).

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