regulatory
confidence high
sentiment positive
materiality 0.65
T Stamp Inc. regains Nasdaq compliance with $2.5M equity requirement after private placement
T Stamp Inc
- Received investment via private placement on July 13, 2024, boosting stockholders' equity above $2.5M minimum.
- Prior equity as of March 31, 2024 was $1,543,391, below Nasdaq Listing Rule 5550(b)(1) threshold.
- Company believes it now satisfies the Stockholders' Equity Requirement for continued listing on Nasdaq Capital Market.
- Nasdaq will monitor compliance at next periodic report; failure to maintain may lead to delisting.
- Investment was made under Regulation D exemption from registration requirements.