regulatory
confidence high
sentiment negative
materiality 0.85
Minim's common stock to be delisted from Nasdaq effective Nov 4, 2024; SEC appeal filed
FiEE, Inc.
- New York court denied preliminary injunction on Oct 18; company discontinued lawsuit on Oct 22.
- Nasdaq filed Form 25 on Oct 24 to delist MINM common stock, effective at opening on Nov 4.
- Company filed appeal with SEC on Oct 25 under 15 U.S.C.S. § 78s(d), challenging delisting.
- Company also submitted motion for emergency stay of delisting pending SEC review.
- Minim disputes Nasdaq's assertion that all review and appeal procedures have expired.