regulatory
confidence high
sentiment negative
materiality 0.75
QT Imaging receives Nasdaq MVPHS deficiency notice; third listing standard now in violation
QT IMAGING HOLDINGS, INC.
- Market Value of Publicly Held Securities below $15M minimum for 31 consecutive business days.
- Company has until March 3, 2025 to regain compliance with MVPHS rule.
- Previously also flagged for MVLS and minimum bid price non-compliance; all three rules are now in breach.
- Shares continue trading on Nasdaq Global Market under QTI; non-compliance indicator displayed.
- Company may consider options including appeal or transfer to Nasdaq Capital Market.