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Monday, 06/22/2020 8:01:48 AM

Monday, June 22, 2020 8:01:48 AM

Post# of 140478
Titan Medical Reports Full Compliance with Nasdaq Listing Criteria

Source: Business Wire
Titan Medical Inc. (“Titan” or the “Company”) (TSX: TMD) (Nasdaq: TMDI), a medical device company focused on the design and development of single-port robotic surgical technologies, announces that on June 18, 2020, The Nasdaq Stock Market LLC (“Nasdaq”) staff determined that the Company has cured the Market Value of Listed Securities and bid price deficiencies and has regained full compliance with all applicable criteria for continued listing and trading on The Nasdaq Capital Market. Accordingly, the Nasdaq Hearings Panel scheduled for July 16, 2020 has been cancelled.

About Titan

Titan Medical Inc. is focused on robotic-assisted technologies for application in minimally invasive surgery (“MIS”). Titan is developing a single-port robotic surgical system comprised of a surgeon-controlled patient cart that includes a dual-view camera system with 3D and 2D high-definitio