-+ 0.00%
-+ 0.00%
-+ 0.00%

Nvni Group Announces Receipt Of Non-Compliance Notice from Nasdaq

Benzinga·04/17/2025 20:07:21
Listen to the news

NEW YORK, April 17, 2025 (GLOBE NEWSWIRE) -- Nvni Group Limited (NASDAQ:NVNI) ("Nuvini" or the "Company"), a leading acquirer of private SaaS B2B companies in Latin America, has received notice from the listing qualifications department staff of The Nasdaq Stock Market ("Nasdaq") stating that the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1 per share, and Listing Rule 5550(b)(2), which requires listed securities to maintain a minimum Market Value of Listed Securities (MVLS) of $35 million.