BioLineRx Ltd (BLRX)

[BooDog]

I've seen this language plenty of times. For now, the pressure is off. They have the catalysts to put the gears in action before the cut off and get back over the $. I was pretty confident they'd get the extension.

Doesn't mean it's a sure thing, but I think they'll get back over the $.

A second extension is more questionable imo.

The Nasdaq Capital Market, with the exception of the Bid Price Rule, and on our written notice to Nasdaq of our intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. If we do not regain compliance with the Bid Price Rule by December 2, 2019, Nasdaq will provide written notification to us that our ADSs will be delisted. At that time, we may appeal the delisting determination to a Nasdaq Hearings Panel (the “Panel”). Our ADSs would remain listed pending the Panel’s decision. There can be no assurance that, if we do appeal the delisting determination to the Panel, that such appeal would be successful.