On November 1, 2024, Syra Health Corp. (NASDAQ:SYRA) announced that it has resolved a compliance issue with the Nasdaq Stock Market LLC (“Nasdaq”). The Company had received a notice from Nasdaq on August 13, 2024, indicating non-compliance with Nasdaq Listing Rule 5550(b)(1), 5550(b)(2), or 5550(b)(3 due to failure to meet minimum requirements in stockholders’ equity, market value of listed securities, or net income from continuing operations.
According to a Form 10-Q filed by Syra Health Corp. on October 29, 2024, the Company’s stockholders’ equity stood at $3,330,653 as of September 30, 2024. Based on this information, Nasdaq has determined that Syra Health now meets the necessary requirements under the Rules, effectively closing this matter.
This development signals a positive step for Syra Health Corp. as it continues its operations and maintains its listing on The Nasdaq Stock Market LLC.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Syra Health’s 8K filing here.
About Syra Health
Syra Health Corp., a healthcare services company, provides health education, population health management, behavioral and mental health, healthcare workforce, and digital health services in the United States. It offers health education services, including medical communications, patient education, and healthcare training; and population health management services, such as analytics as a service, epidemiology, and health equity analytics solutions.
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