regulatory
confidence high
sentiment positive
materiality 0.75
Pluri regains Nasdaq compliance on market value requirement; delisting risk resolved
Pluri Inc.
- On May 7, 2025, Nasdaq notified Pluri that it has regained compliance with Listing Rule 5550(b)(2) – market value of listed securities >= $35M for 10 consecutive business days (Apr 22 – May 6).
- The company had previously received a deficiency notice on Nov 25, 2024 for failing the $2.5M stockholders' equity requirement and alternatives.
- Nasdaq granted an extension until May 24, 2025 based on a compliance plan submitted Jan 6, 2025.
- The compliance matter is now closed; Pluri remains in good standing on The Nasdaq Capital Market.