other material
confidence high
sentiment positive
materiality 0.65
Minerva Neurosciences regains Nasdaq compliance with net income rule
Minerva Neurosciences, Inc.
- Nasdaq Panel confirmed compliance with Listing Rule 5550(b)(3) (minimum $500K net income from continuing operations).
- Company subject to a one-year discretionary monitor; any future deficiency triggers automatic delist process.
- Prior deficiencies for Market Value of Listed Securities (<$35M) and Equity Rule are now resolved.
- Panel closed the matter; listing on Nasdaq Capital Market continues effective March 17, 2025.