- Since falling short of Nasdaq's listing requirement of minimum shareholder equity of $2.5M in Q3 of last year, PhotoMedex (NASDAQ:PHMD) has been working to address the issue. Nasdaq has agreed to a series of extensions to allow the company to regain compliance, the latest ends March 31, but it may need yet another, to May 17, to comply. Failure to do so could lead to delisting.