Nvni Group Limited - NVNI STOCK NEWS

Nuvini Group (NVNI) reported strong financial results for H1 2024, demonstrating significant growth and improved operational efficiency. The company's operating profit surged to R$14.2 million from R$0.3 million in the previous year. Adjusted EBITDA increased by 25% to R$26.5 million, while net revenue grew 12.5% to R$92.2 million compared to H1 2023.

The company generated R$16.3 million in net cash from operating activities, showing strong cash flow generation. Operational improvements included reduced sales and marketing expenses by 11.6%, reflecting enhanced efficiency in customer acquisition. The company continues to invest in AI-driven solutions and platform improvements to enhance customer value.

Nuvini (NASDAQ: NVNI) has successfully regained compliance with Nasdaq's minimum bid price listing requirements, as announced on January 23, 2025. The company had previously received a non-compliance notice on July 16, 2024, for failing to maintain a minimum closing bid price of $1.00 per share for 30 consecutive business days, as required by Nasdaq Listing Rule 5550(a)(2). To resolve this issue, Nuvini was required to maintain a minimum closing bid price of $1.00 per share for at least 10 consecutive trading days, which it has now achieved.

Nvni Group (NVNI), a serial acquirer of SaaS B2B companies in Latin America, has received a non-compliance notification from Nasdaq on January 9, 2024. The notice stems from the company's delay in filing its Q2 2023 interim financial statements on Form 6-K, violating Nasdaq Listing Rule 5250(c)(2).

The company has until March 8, 2025, to either file the Annual Report or submit a Compliance Plan to Nasdaq. If Nasdaq accepts the Compliance Plan, NVNI may receive an extension until June 30, 2025, to file the report and regain compliance. If Nasdaq rejects the plan, NVNI can appeal to a Nasdaq Hearings Panel. The company intends to file the Annual Report within the 60-day deadline. Currently, the notification does not affect NVNI's listing on the Nasdaq Capital Market.

Nvni Group (NVNI), Latin America's leading SaaS B2B company acquirer, reported strong financial results for FY 2023. The company achieved 36% growth in net revenue to R$ 168,985 million and a 142% increase in Adjusted EBITDA to R$ 44,238 million. Notable improvements include:

- Adjusted EBITDA margin expansion to 26% (up 800 bps)
- Gross profit increase of 43% to R$ 102,847 million
- Aggregate churn reduction of 28% to 3.3%
- CAC/LTV improvement of 33% to 452%
- Net loss per share reduction from R$ 6.48 to R$ 3.10

The results exclude R$176,282 million in non-cash, non-recurring items related to the SPAC merger in September 2023.

Nuvini (Nasdaq: NVNI), a serial acquirer of private SaaS B2B companies in Latin America, has appointed Aaron Ross as a non-voting board adviser. Ross, author of 'Predictable Revenue' and co-founder of the company by the same name, is renowned for his expertise in sales development and revenue generation. In this role, he will work with Nuvini's leadership to optimize revenue streams and implement sales best practices across the company's portfolio. CEO Pierre Schurmann emphasized that Ross's expertise in building predictable revenue models aligns with Nuvini's mission to enhance their acquired companies' performance.

Nvni Group (Nasdaq: NVNI) has received a staff determination letter from Nasdaq on November 12, 2024, indicating non-compliance with Listing Rule 5250(c)(1) due to failure to file its 2023 Annual Report. The company has appealed the delisting determination to the Nasdaq Hearings Panel, which automatically stays the suspension for 15 days. Nvni is requesting an extended stay to maintain its listing during the appeal process and is working to complete and file the 2023 Annual Report. The company notes that this situation doesn't affect its business operations or SEC reporting obligations.

Nvni Group (NVNI) has received a notification from Nasdaq on November 1, 2024, regarding non-compliance with the minimum bid price requirement, as its shares traded below $1.00 for 30 consecutive business days. The company has until April 30, 2025, to regain compliance by maintaining a closing bid price of $1.00 for 10 consecutive business days. If unsuccessful, NVNI may qualify for an additional 180-day grace period. The notification does not immediately affect NVNI's Nasdaq listing status, and trading continues normally while the company monitors the situation and evaluates compliance options.

Nuvini (Nasdaq: NVNI), a B2B SaaS acquirer in Latin America, has completed a new financing round combining equity and convertible notes. The financing was led by CEO Pierre Schurmann and existing investors, with convertible notes priced at $1.10 per share. Additionally, the company promoted José Mario Ribeiro to Chief Operating Officer, following his appointment as Board Advisor in August. In his new role, Ribeiro will focus on integrating financial solutions within Nuvini's portfolio companies to enhance operational efficiencies and growth opportunities.

Nuvini (Nasdaq: NVNI), the leading serial acquirer of private SaaS B2B companies in Latin America, has announced the addition of José Mário Ribeiro Jr as a non-voting board adviser. With over four decades of experience in entrepreneurship and financial services, Ribeiro has founded more than 30 companies within the Grupo Check. As a former partner and CEO of Adiq, one of Brazil's largest acquiring and payment solutions companies, Ribeiro's expertise aligns with Nuvini's objectives to explore embedded finance opportunities within its portfolio companies.

Pierre Schurmann, CEO of Nuvini, expressed enthusiasm about Ribeiro joining as a board adviser, highlighting his expertise and vision. Ribeiro will offer strategic counsel on various initiatives to support Nuvini's continued success and reinforce its commitment to strengthening its position in the serial acquirer segment.