regulatory
confidence high
sentiment negative
materiality 0.75
NanoVibronix receives Nasdaq equity deficiency notice; equity of $1.872M below $2.5M minimum
ENvue Medical, Inc.
- On Nov 19, 2024, Nasdaq notified NanoVibronix it failed the $2.5M stockholders' equity rule based on $1.872M as of Sep 30, 2024.
- This adds to an existing bid price deficiency; both will be considered at the upcoming Nasdaq Hearings Panel hearing.
- The Company will present a compliance plan and request an extension, but continued listing is not assured.