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Avinger Regains Compliance with Nasdaq Listing Requirements

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Avinger, Inc. (NASDAQ:AVGR), a medical device firm, announced on March 29, 2022, that it has regained compliance with Nasdaq listing requirements. The Nasdaq notified the company that it has met the minimum bid price rule necessary for continued listing on the Nasdaq Capital Market. Avinger is known for its innovative intravascular image-guided catheter-based systems for the diagnosis and treatment of Peripheral Artery Disease (PAD), which affects millions globally. The company aims to transform vascular disease treatment through its Lumivascular platform.

Positive
  • Regained compliance with Nasdaq listing requirements.
  • Meets minimum bid price rule for continued listing.
  • Innovative product offerings for PAD treatment.
Negative
  • None.

REDWOOD CITY, CA / ACCESSWIRE / March 29, 2022 / Avinger, Inc. (NASDAQ:AVGR), a commercial-stage medical device company marketing the first and only intravascular image-guided, catheter-based system for diagnosis and treatment of Peripheral Artery Disease (PAD), today announced it has regained compliance with Nasdaq listing requirements.

In a letter dated March 29, 2022, Nasdaq informed the Company that it has achieved compliance with the minimum bid price rule required for continued listing on the Nasdaq Capital Market.

About Avinger, Inc.
Avinger is a commercial-stage medical device company that designs and develops the first and only image-guided, catheter-based system for the diagnosis and treatment of patients with Peripheral Artery Disease (PAD). PAD is estimated to affect over 12 million people in the U.S. and over 200 million worldwide. Avinger is dedicated to radically changing the way vascular disease is treated through its Lumivascular platform, which currently consists of the Lightbox imaging console, the Ocelot and Tigereye™ family of chronic total occlusion (CTO) catheters, and the Pantheris® family of atherectomy devices. Avinger is based in Redwood City, California. For more information, please visit www.avinger.com.

Investor Contact:
Mark Weinswig
Chief Financial Officer
Avinger, Inc.
(650) 241-7916
ir@avinger.com

Matt Kreps
Darrow Associates Investor Relations
(214) 597-8200
mkreps@darrowir.com

SOURCE: Avinger, Inc.



View source version on accesswire.com:
https://www.accesswire.com/695139/Avinger-Regains-Compliance-with-Nasdaq-Listing-Requirements

FAQ

What did Avinger announce on March 29, 2022?

Avinger announced that it has regained compliance with Nasdaq listing requirements.

What is the stock symbol for Avinger?

The stock symbol for Avinger is AVGR.

Why is compliance with Nasdaq listing important for Avinger?

Compliance with Nasdaq listing is crucial for Avinger to maintain its status and attract investors.

What does Avinger specialize in?

Avinger specializes in intravascular image-guided systems for diagnosing and treating Peripheral Artery Disease.

Avinger, Inc.

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Medical Instruments & Supplies
Surgical & Medical Instruments & Apparatus
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United States of America
REDWOOD CITY