NYSE MKT reviewing Provectus Biopharmaceuticals listing

Reviewing the Continued Listing of the Common Stock

The NYSE MKT LLC announced today that the staff of NYSE Regulation, Inc. will continue to review and monitor the listing status of the Common Stock of Provectus Biopharmaceuticals, Inc. (NYSE:PVCT) on the NYSE MKT.

NYSE Regulation had previously initiated a trading halt in the Company’s Common Stock prior to the opening on Friday, May 23, 2014, in advance of the Company’s announcement that it had received notification from the United States Food and Drug Administration that the FDA has declined to designate PV-10 as a Breakthrough Therapy at this time.

NYSE Regulation has now completed its assessment of the May 23, 2014 disclosures in the context of the NYSE MKT Company Guide and will begin the procedure to resume trading in the Company’s Common Stock.

In a statement NYSE Regulation said it “will carefully consider the price indications obtained in the opening process and will assess whether to move to continue to halt or suspend trading in the Company’s securities should the: (1) price indications or subsequent trading reflect a price that the NYSE MKT deems to be “abnormally low”; (2) NYSE MKT receive authoritative advice that the security is without value; or (3) Company fall below the quantitative continued listing standards listed in the NYSE MKT Company Guide. NYSE Regulation will continue to closely monitor events at the Company and the appropriateness of continued listing of the Company’s securities.

More to follow.

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