Pluri receives Nasdaq delisting notice for failing $2.5M equity requirement

Pluri Inc.

Nasdaq notified Pluri on Nov 25, 2024 of noncompliance with Listing Rule 5550(b)(1) for stockholders' equity below $2.5M.
Company also fails alternative standards: market value of listed securities ≥ $35M or net income from continuing ops of $500,000.
Pluri has 45 days to submit a compliance plan; Nasdaq may grant up to 180-day extension if plan accepted.
Trading under symbol PLUR continues unaffected pending Nasdaq's review and potential hearing.
Company intends to take all reasonable measures to regain compliance but no assurance of success.

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