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Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On March 31, 2022, from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notified Predictive Oncology Inc. (the “Company”) that it determined that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), requiring a minimum bid price of $1.00 per share. The Company has regained compliance because for the last 10 consecutive business days, from March 17, 2022 through March 30, 2022, the closing bid price of the Company’s common stock was at $1.00 per share or greater.
As previously reported, on February 17, 2022, the Company had received a letter from the Staff 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 did not comply with the minimum closing bid price requirement under Rule 5550(a)(2). As the Company has regained compliance, the Staff’s letter on March 31, 2022 confirmed that the matter is now closed.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|PREDICTIVE ONCOLOGY inc.|
|By:||/s/ Bob Myers|
Name: Bob Myers
Title: Chief Financial Officer
Date: March 31, 2022