regulatory
confidence high
sentiment positive
materiality 0.50
Twin Vee regains Nasdaq minimum bid price compliance; delisting risk removed
Twin Vee PowerCats, Co.
- Received notice from Nasdaq on April 28, 2025 that it regained compliance with Listing Rule 5550(a)(2).
- Closing bid price of common stock (VEEE) exceeded $1.00 for 13 consecutive business days through April 25, 2025.
- Nasdaq confirmed the matter is closed; no further action required.
- CEO Joseph Visconti stated the resolution allows focus on business strategy and long-term value.