electroCore regains compliance with Nasdaq listing requirements

electroCore announced that it has received notice from the Listing Qualifications Department of the Nasdaq Stock Market by letter dated March 6, 2023 informing electroCore that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The closing bid price of the Company’s common stock on the Nasdaq Capital Market was greater than $1.00 per share for 10 consecutive trading days between February 15, 2023 and March 1, 2023. As a result of regaining compliance, the Company’s common stock will continue to be listed on the Nasdaq Capital Market.