regulatory
confidence high
sentiment positive
materiality 0.55
Marpai regains Nasdaq minimum bid price compliance; delisting risk removed
Marpai, Inc.
- Nasdaq notified Marpai on Dec 6, 2023 that it has regained compliance with Listing Rule 5550(a)(2).
- Closing bid price was $1.00 or greater for the 10 consecutive business days Nov 21 to Dec 5, 2023.
- The prior non-compliance notice from Oct 6, 2023 is now closed; no further action needed.
- Company issued a press release on Dec 6, 2023 confirming the matter is resolved.