regulatory
confidence high
sentiment positive
materiality 0.70
Rigetti Computing regains Nasdaq minimum bid price compliance
Rigetti Computing, Inc.
- Nasdaq notified Rigetti on Nov 4, 2024 that it regained compliance after bid price closed at $1.00+ from Oct 18 to Nov 1.
- Company had received a deficiency notice on Sep 16, 2024 for failing the $1.00 minimum bid price rule.
- The 180-day cure period extended to March 17, 2025; compliance was achieved early and the matter is closed.
- Both common stock (RGTI) and warrants (RGTIW) remain listed on the Nasdaq Capital Market.