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- Delisting (new) — Company faces potential delisting from NYSE American if it fails to regain compliance with listing standards by November 8, 2027.
Picard Medical receives NYSE delisting notices; reports $1.4M equity deficit in Q1 2026
Filed May 21, 2026 · Period ending May 15, 2026 · ~1 min read
Key Changes
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NYSE American issued delisting notice on May 15 for failing to maintain $2M minimum equity; company reported $1.4M deficit as of March 31, 2026, with losses in all three recent fiscal years.
Item 3.01 verify on EDGAR → -
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Company must submit compliance plan by June 7, 2026 and regain listing standards by November 8, 2027 or face delisting procedures.
Item 3.01 verify on EDGAR → -
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Stock continues trading on NYSE American under symbol 'PMI' but now carries '.BC' designation alerting investors to non-compliance status.
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1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · Jun 1, 2026 · How we verify