Workflow
computerized drug delivery instruments
icon
Search documents
Milestone Scientific Commits to Regaining NYSE American Compliance Following Notification
Globenewswire· 2025-10-14 11:45
Core Points - Milestone Scientific Inc. has received a notification from NYSE American regarding non-compliance with continued listing standards [1][2] - The company reported stockholders' equity of approximately $3.3 million and has experienced losses in each of its five most recent fiscal years [2] - The company is required to submit a compliance plan by November 7, 2025, to regain compliance by April 8, 2027 [3] Financial Position - The company does not meet the requirements of Section 1003(a)(ii) and Section 1003(a)(iii) of the NYSE American Company Guide [2] - The ongoing financial challenges are highlighted by the reported losses over the past five fiscal years [2] Management's Response - The CEO expressed confidence in the company's ability to meet NYSE American's continued listing standards through revenue growth initiatives and cost management [4] - The company remains focused on operational efficiency and delivering long-term value to shareholders [4][5] Business Operations - The receipt of the notification does not affect the company's day-to-day operations or its reporting obligations with the SEC [4] - The company's common stock will continue to trade under the symbol "MLSS" while it works on compliance [4] Company Overview - Milestone Scientific Inc. specializes in developing computerized drug delivery instruments aimed at providing painless and precise injections [6] - The company utilizes its proprietary DPS Dynamic Pressure Sensing Technology to enhance injection safety and comfort [6]
Milestone Scientific Schedules Second Quarter 2025 Financial Results and Business Update Conference Call
Globenewswire· 2025-08-13 15:45
Core Viewpoint - Milestone Scientific Inc. will host a conference call to discuss its financial results for Q2 2025 and corporate developments [1] Group 1: Conference Call Details - The conference call is scheduled for 8:00 AM Eastern Time on August 15, 2025 [1] - U.S. callers can dial toll-free 888-506-0062, while international callers can use +1 973-528-0011 with access code 470429 [2] - An audio replay will be available until August 29, 2025, accessible via 877-481-4010 for U.S. callers and +1 919-882-2331 for international callers with access code 52876 [3] Group 2: Company Overview - Milestone Scientific Inc. is a technology-focused medical research and development company specializing in innovative injection technologies for medical, dental, and cosmetic applications [4] - The company’s computer-controlled systems aim to enhance injection precision, efficiency, and patient comfort and safety [4] - The proprietary DPS Dynamic Pressure Sensing Technology is utilized to regulate flow rate and monitor pressure during subcutaneous drug delivery [4]