Hyperfine, Inc. (HYPR): Nasdaq/NYSE listing notice — Hyperfine receives Nasdaq deficiency notice for bid price below $1.00 for 30 days

Hyperfine, Inc.

Nasdaq notified Hyperfine on April 30, 2025 that its closing bid price fell below $1.00 per share for 30 consecutive business days, violating Listing Rule 5450(a)(1).
Company has until October 27, 2025 (180 calendar days) to regain compliance by achieving at least $1.00 closing bid for 10 consecutive days.
If non-compliant by Oct 27, Hyperfine may transfer to Nasdaq Capital Market for an additional 180-day cure period and may consider reverse stock split.
No immediate effect on listing or trading; Common Stock continues on The Nasdaq Global Market under symbol HYPR.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Hyperfine, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A), 5810(c)(3)(H)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5450(a)(1), 5810(c)(3)(A), 5810(c)(3)(H)

Exact text from the filing

April 30, 2025, Hyperfine, Inc. (the “Company”) received written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s Class A common stock, par value $0.0001 per share (the “Common Stock”), has fallen below $1.00 per share for 30 consecutive business days, the Company no longer meets the minimum bid price requirement for continued inclusion on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Requirement”). This Notice

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Hyperfine, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-25-062762

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