Nuvini Regains Compliance with Nasdaq Listing Rule 5250(c)(2)
Nuvini Group (Nasdaq: NVNI), a leading acquirer of private SaaS B2B companies in Latin America, has announced its return to compliance with Nasdaq Listing Rules 5250(c)(2). The company received official notice from Nasdaq's Listing Qualifications Department on February 5th, 2025, confirming this status. The compliance was achieved after Nuvini filed the required Form 6-K on February 4, 2025, which included their unaudited condensed consolidated statements of profit or loss and statements of financial position for the quarter.
Il Gruppo Nuvini (Nasdaq: NVNI), un importante acquirente di aziende SaaS B2B private in America Latina, ha annunciato il suo ritorno alla conformità con le Regole di Quotazione del Nasdaq 5250(c)(2). L'azienda ha ricevuto notifica ufficiale dal Dipartimento delle Qualifiche di Quotazione del Nasdaq il 5 febbraio 2025, confermando questo stato. La conformità è stata raggiunta dopo che Nuvini ha presentato il modulo richiesto 6-K il 4 febbraio 2025, che includeva le loro dichiarazioni consolidate non verificate di profitto o perdita e le dichiarazioni della posizione finanziaria per il trimestre.
Grupo Nuvini (Nasdaq: NVNI), un importante adquirente de empresas SaaS B2B privadas en América Latina, ha anunciado su regreso a la conformidad con las Reglas de Cotización del Nasdaq 5250(c)(2). La empresa recibió un aviso oficial del Departamento de Calificaciones de Cotización del Nasdaq el 5 de febrero de 2025, confirmando este estado. La conformidad se logró después de que Nuvini presentara el formulario requerido 6-K el 4 de febrero de 2025, que incluía sus estados de resultados consolidados no auditados y estados de situación financiera para el trimestre.
누비니 그룹 (Nasdaq: NVNI)는 라틴 아메리카의 민간 SaaS B2B 기업을 주요 인수하는 기업으로, Nasdaq 상장 규정 5250(c)(2)에 대한 준수를 다시 선언했습니다. 회사는 2025년 2월 5일에 Nasdaq 상장 자격 부서로부터 공식 통지를 받아 이 상태를 확인했습니다. 준수는 누비니가 2025년 2월 4일에 제출한 필수 6-K 양식 후에 달성되었으며, 이 양식에는 분기 동안의 감사되지 않은 압축 재무제표와 재무 상태에 대한 재무제표가 포함되어 있습니다.
Groupe Nuvini (Nasdaq: NVNI), un acquéreur majeur d'entreprises privées de SaaS B2B en Amérique Latine, a annoncé son retour en conformité avec les Règles de Cotation du Nasdaq 5250(c)(2). L'entreprise a reçu un avis officiel du Département des Qualifications de Cotation du Nasdaq le 5 février 2025, confirmant ce statut. La conformité a été atteinte après que Nuvini a soumis le formulaire requis 6-K le 4 février 2025, qui comprenait leurs états financiers consolidés condensés non vérifiés et les états de la position financière pour le trimestre.
Nuvini Gruppe (Nasdaq: NVNI), ein führender Erwerber von privaten SaaS-B2B-Unternehmen in Lateinamerika, hat seine Rückkehr zur Einhaltung der Nasdaq-Listing-Regeln 5250(c)(2) bekannt gegeben. Das Unternehmen erhielt am 5. Februar 2025 eine offizielle Mitteilung von der Abteilung für Listing-Qualifikationen von Nasdaq, die diesen Status bestätigte. Die Einhaltung wurde erreicht, nachdem Nuvini das erforderliche Formular 6-K am 4. Februar 2025 eingereicht hatte, das die nicht geprüften verkürzten konsolidierten Gewinn- und Verlustrechnungen sowie die Finanzierungsberichte für das Quartal enthielt.
- Regained Nasdaq listing compliance, eliminating immediate delisting risk
- Successfully filed required financial statements
- Previous non-compliance with Nasdaq listing requirements indicates past reporting issues
Insights
The announcement of Nuvini's return to Nasdaq compliance marks a important development for this Latin American SaaS consolidator. By filing the required Form 6-K with unaudited financial statements, the company has effectively addressed a significant regulatory concern that could have threatened its market position and access to capital markets.
Maintaining Nasdaq compliance is particularly vital for companies like Nuvini that operate on an acquisition-based growth model. The resolution of this listing issue strengthens the company's credibility with potential acquisition targets and could facilitate future deal-making activities. For investors, this development reduces regulatory risk and reinforces the company's commitment to transparency and proper corporate governance.
The timing of this compliance achievement is strategic, as it comes during a period of increased scrutiny of foreign issuers on U.S. exchanges. This regulatory clearance positions Nuvini more favorably in the Latin American SaaS landscape, where access to U.S. capital markets can provide a competitive advantage in pursuing regional M&A opportunities.
NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Nuvini Group Limited (Nasdaq: NVNI) (“Nuvini” or the “Company”), a leading acquirer of private SaaS B2B companies in Latin America, today announced that it received notice from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) on February 5th, 2025, indicating that the Company has regained compliance with Nasdaq Listing Rules 5250(c)(2).
On February 4, 2025, the Company filed the required Form 6-K to report its unaudited condensed consolidated statements of profit or loss and statements of financial position as of and for the quarter, as required by Nasdaq Listing Rule 5250(c)(2).
About Nuvini
Headquartered in São Paulo, Brazil, Nuvini is the leading private serial software business acquirer in Latin America. The Nuvini Group acquires software companies within SaaS markets in Latin America. It focuses on acquiring profitable “business-to-business” SaaS companies with a consolidated business model, recurring revenue, positive cash generation and relevant growth potential. The Nuvini Group enables its acquired companies to provide mission-critical solutions to customers within its industry or sector. Its business philosophy is to invest in established companies and foster an entrepreneurial environment that would enable companies to become leaders in their respective industries. The Nuvini Group’s goal is to buy, retain and create value through long-term partnerships with the existing management of its acquired companies.
Nuvini Investor Relations and Media Contact:
Deb Toledo
ir@nuvini.co
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