On May 22, 2018, Viveve Medical, Inc. held its annual meeting of the company's stockholders. At the Annual Meeting, Ms. Lori Bush's term as a member of the company's Board of Directors expired and Ms. Bush did not stand for re-election. On May 24, 2018, the Company notified The Nasdaq Stock Market LLC ("NASDAQ") that this resignation had caused a compliance deficiency with NASDAQ Stock Market Rule 5605(b) requiring a majority-independent board.