regulatory
confidence high
sentiment positive
materiality 0.50
Vivani Medical regains compliance with Nasdaq minimum bid price rule
Vivani Medical, Inc.
- Received Nasdaq deficiency notice on Dec 26, 2023 for bid price below $1 for 30 consecutive days.
- On Jan 9, 2024, Nasdaq confirmed compliance after 10 consecutive business days at $1 or above (Dec 22 to Jan 8).
- Delisting risk removed; Nasdaq considers the matter closed.