SINTX Technologies Regains Compliance with Nasdaq Bid Price Requirement

Core Points - SINTX Technologies has received formal notice from Nasdaq confirming compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market, closing the previously announced listing matter [1] - The company is a leader in advanced ceramics, particularly in the development and commercialization of silicon nitride for medical and technical applications, with products implanted in humans since 2008 [2] - SINTX has manufacturing facilities located in Utah and Maryland and has expanded into new markets through strategic acquisitions and alliances [2] Compliance and Monitoring - Following the compliance confirmation, SINTX will remain under a "Mandatory Panel Monitor" for one year, starting from June 11, 2024 [4] - If SINTX fails to meet the minimum $1.00 closing bid price for 30 consecutive business days within this one-year period, Nasdaq will issue a delist determination without a grace period [4]