FiEE, Inc. (FIEE): Nasdaq/NYSE listing notice — Minim receives Nasdaq delisting notice for market value deficiency

FiEE, Inc.

Market Value of Publicly Held Shares below $1M for 30 consecutive business days as of Nov 30, 2023.
Company has 180-day grace period until May 28, 2024 to regain compliance by achieving MVPH >= $1M for 10 consecutive days.
If not cured, company may qualify for additional 180 days by meeting other listing standards and providing intent to cure via reverse stock split.
Company intends to monitor options but gives no assurance of regaining compliance.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

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

FiEE, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5550(a)(5), 5810(c)(3)(D)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: market value
Rules: 5550(a)(5), 5810(c)(3)(D)

Exact text from the filing

November 30, 2023, Minim, Inc. (the “Company”) received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company, that because the Market Value of Publicly Held Shares (the number of shares outstanding multiplied by the current market price of the firm’s shares) for the Company’s common stock listed on Nasdaq was below $1,000,000 for 30 consecutive business days, the Company no longer meets the minimum value requirement for continued listing on Nasdaq under Nasdaq Listing Rule 5550(a)(5), which requires a minimum Market Value of $1,000,000. The notification from Nasdaq has no

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FiEE, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-043566

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