Nuvini Regains Compliance with Nasdaq Minimum Bid Price Listing Requirements
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.
Nuvini (NASDAQ: NVNI) ha recentemente riconquistato la conformità con i requisiti di prezzo minimo per la quotazione del Nasdaq, come annunciato il 23 gennaio 2025. L'azienda aveva precedentemente ricevuto una notifica di non conformità il 16 luglio 2024, per non aver mantenuto un prezzo di chiusura minimo di $1,00 per azione per 30 giorni lavorativi consecutivi, come richiesto dalla Regola di quotazione 5550(a)(2) del Nasdaq. Per risolvere questo problema, Nuvini doveva mantenere un prezzo di chiusura minimo di $1,00 per azione per almeno 10 giorni di negoziazione consecutivi, obiettivo che ha ora raggiunto.
Nuvini (NASDAQ: NVNI) ha recuperado con éxito el cumplimiento de los requisitos de precio mínimo de oferta para la cotización en Nasdaq, según se anunció el 23 de enero de 2025. La compañía había recibido previamente un aviso de incumplimiento el 16 de julio de 2024, por no mantener un precio de oferta de cierre mínimo de $1.00 por acción durante 30 días hábiles consecutivos, como lo establece la Regla de cotización 5550(a)(2) de Nasdaq. Para resolver este problema, Nuvini tenía que mantener un precio de oferta de cierre mínimo de $1.00 por acción durante al menos 10 días de negociación consecutivos, lo cual ha logrado ahora.
누비니(NASDAQ: NVNI)는 2025년 1월 23일 발표된 바와 같이 나스닥의 최소 매도 가격 상장 요구 사항을 성공적으로 회복했습니다. 이 회사는 2024년 7월 16일, 나스닥 상장 규칙 5550(a)(2) 요구에 따라 30일 연속 영업일 동안 주당 최소 종가 $1.00를 유지하지 못한 이유로 비준수 통지를 받았습니다. 이 문제를 해결하기 위해, 누비니는 최소 10일 연속 거래 기간 동안 주당 $1.00의 최소 종가를 유지해야 했으며, 현재 이를 달성했습니다.
Nuvini (NASDAQ: NVNI) a réussi à retrouver sa conformité avec les exigences de prix minimum de soumission de Nasdaq, comme annoncé le 23 janvier 2025. La société avait précédemment reçu un avis de non-conformité le 16 juillet 2024, pour ne pas avoir maintenu un prix de soumission de clôture minimum de 1,00 $ par action pendant 30 jours ouvrables consécutifs, comme l'exige la règle d'inscription 5550(a)(2) de Nasdaq. Pour résoudre ce problème, Nuvini devait maintenir un prix de soumission de clôture minimum de 1,00 $ par action pendant au moins 10 jours de négociation consécutifs, ce qu'elle a maintenant réussi à accomplir.
Nuvini (NASDAQ: NVNI) hat erfolgreich die Einhaltung der Mindestgebotspreis-Vorschriften von Nasdaq wiederhergestellt, wie am 23. Januar 2025 angekündigt. Das Unternehmen hatte zuvor am 16. Juli 2024 eine Mitteilung über die Nichterfüllung erhalten, da es nicht in der Lage war, für 30 aufeinanderfolgende Handelstage einen Mindestschlussgebotspreis von $1,00 pro Aktie aufrechtzuerhalten, was von der Nasdaq-Listing-Regel 5550(a)(2) gefordert wird. Um dieses Problem zu lösen, musste Nuvini einen Mindestschlussgebotspreis von $1,00 pro Aktie für mindestens 10 aufeinanderfolgende Handelstage einhalten, was nun erreicht wurde.
- Regained Nasdaq listing compliance, eliminating immediate delisting risk
- Successfully maintained $1.00 minimum share price for required period
- Previously failed to maintain minimum bid price requirements for extended period
Insights
Nuvini's regaining of Nasdaq compliance marks a significant milestone that removes a critical overhang from the stock. This development carries several important implications for investors:
Maintaining a Nasdaq listing is important for several reasons:
- Enhanced liquidity and trading volume potential through broader market access
- Greater visibility to institutional investors who often have mandates restricting investments to major exchange-listed securities
- Access to additional capital raising opportunities through the public markets
- Improved credibility with customers, partners and stakeholders
The successful compliance achievement suggests underlying market confidence has improved, as sustained trading above
For Nuvini, this development could serve as a springboard for improved market position, potentially enabling better access to capital markets and strategic opportunities. The removal of delisting risk often leads to reduced volatility and may attract investors who previously avoided the stock due to compliance concerns.
NEW YORK, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Nvni Group Limited (Nasdaq: NVNI) (“Nuvini”) today announces that on January 23, 2025, the Company received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with the minimum closing bid price requirement under Nasdaq Listing Rule 5550(a)(2). As previously disclosed, on July 16, 2024, the Company was notified by Nasdaq that it was not in compliance with Nasdaq Listing Rule 5550(a)(2) because its common stock failed to maintain a minimum closing bid price of
About Nuvini
Headquartered in São Paulo, Brazil, Nuvini is Latin America's leading acquirer of B2B SaaS businesses. Focused on profitable companies with recurring revenue and growth potential, it fosters an entrepreneurial environment to help its acquisitions deliver mission-critical solutions and achieve industry leadership. Its long-term strategy emphasizes value creation through partnerships with existing management.
For more information, visit www.nuvini.co.
For further information or media inquiries regarding this partnership, please contact:
Nuvini Investor and Media Contact
Camilla Carrapatoso
ir@nuvini.co
FAQ
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