Intellipharmaceutics International Inc. (IPCI)

[doogdilinger]

Actually yesterday was deadline day so I'm surprised there's been no updated news since they said this on October 16th which only covers off the shareholder equity problem and doesn't address the minimum $1 share price listing requirement>>>

As of the date of this report, the Company believes that it has regained compliance with Nasdaq’s stockholders’ equity requirement as provided in Nasdaq Listing Rule 5550(b)(1) after giving effect to the proceeds from the Offering, and the associated increase in the Company’s stockholders’ equity. As of the date of this report, the Company believes its stockholders’ equity is in excess of US$2.5 million.


"On September 29, 2018, the Company was advised that its request that the Panel grant a further extension through October 17, 2018 had been granted"