 VANCOUVER and MINNEAPOLIS, Dec. 14, 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 bid price requirement set forth in Nasdaq Rules for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550a2 requires listed securities to maintain a minimum bid price of US1.00 per share, and Listing Rule 5810c3A provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Companys common shares for the 30 consecutive business days from October 30, 2020 to December 11, 2020, the Company no longer meets the minimum bid price requirement. 