 VANCOUVER and MINNEAPOLIS, Dec. 10, 2020 GLOBE NEWSWIRE -- via NewMediaWire -- Neovasc, Inc. Neovasc or the Company NASDAQ, TSX:NVCN, announced today that it has received written notification the Notification Letter from The Nasdaq Stock Market LLC Nasdaq notifying the Company that it is not in compliance with the minimum market value requirement set forth in Nasdaq Rules for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550b2 requires companies to maintain a minimum market value of US35 million and Listing Rule 5810c3C provides that a failure to meet the market value requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the market value of the Company for the 30 consecutive business days from October 28, 2020 to December 9, 2020, the Company no longer meets the minimum market value requirement. 