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Cardio Diagnostics Regains Nasdaq Compliance by May 2025

Story Highlights
  • Cardio Diagnostics Holdings faced Nasdaq compliance issues due to low stock price.
  • The company regained compliance by May 28, 2025, after meeting the bid price requirement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cardio Diagnostics Regains Nasdaq Compliance by May 2025

Confident Investing Starts Here:

Cardio Diagnostics Holdings ( (CDIO) ) has issued an announcement.

Cardio Diagnostics Holdings, Inc. faced a compliance issue with Nasdaq’s minimum bid price requirement, as its stock price fell below $1.00 per share for 30 consecutive business days as of June 3, 2024. However, after being granted an extension until June 2, 2025, the company successfully regained compliance by May 28, 2025, as its stock price met the required threshold for 10 consecutive business days.

The most recent analyst rating on (CDIO) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on Cardio Diagnostics Holdings stock, see the CDIO Stock Forecast page.

More about Cardio Diagnostics Holdings

Cardio Diagnostics Holdings, Inc. operates in the healthcare industry, focusing on developing and providing diagnostic solutions for cardiovascular diseases. The company aims to improve the detection and management of heart-related conditions through innovative technologies.

Average Trading Volume: 52,567

Technical Sentiment Signal: Sell

Current Market Cap: $7.39M

See more data about CDIO stock on TipRanks’ Stock Analysis page.

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