PainReform says shareholder equity now exceeds required threshold

The company states: “PainReform (PRFX) previously received a notice from Nasdaq regarding non-compliance with the minimum shareholders’ equity requirement of $2.5 million. Following the recent $0.9 million raise through the Company’s at-the-market program and the successful completion of the DeepSolar acquisition, the Company believes its shareholders’ equity now exceeds the required threshold. The Company remains committed to maintaining compliance with all applicable listing standards and continues to take proactive measures to ensure its equity position stays above the minimum requirement.”