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MoneyHero Receives Nasdaq Deficiency Notice for Bid Price

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MoneyHero Receives Nasdaq Deficiency Notice for Bid Price

Confident Investing Starts Here:

MoneyHero Limited ( (MNY) ) has issued an update.

On April 11, 2025, MoneyHero Limited announced it received a Deficiency Letter from Nasdaq due to its shares trading below the minimum bid price requirement of US$1.00 for 31 consecutive business days. The company has until October 6, 2025, to regain compliance by maintaining a closing bid price of at least US$1.00 for 10 consecutive days. MoneyHero is actively exploring options to meet this requirement and remains confident in its initiatives to address the issue. The notice does not affect the company’s business operations or its obligations under U.S. Securities and Exchange Commission reporting requirements.

Spark’s Take on MNY Stock

According to Spark, TipRanks’ AI Analyst, MNY is a Neutral.

MoneyHero Limited’s overall score reflects solid revenue growth and strategic improvements in high-margin areas. However, profitability challenges, negative technical indicators, and valuation concerns weigh on the stock. Addressing these challenges and enhancing cash flow are key to improving stability and investor confidence.

To see Spark’s full report on MNY stock, click here.

More about MoneyHero Limited

MoneyHero Limited is a prominent player in the online personal finance and digital insurance aggregation and comparison industry in Greater Southeast Asia, operating in markets such as Singapore, Hong Kong, Taiwan, and the Philippines. The company offers a range of B2C platforms including MoneyHero, SingSaver, Money101, Moneymax, and Seedly, as well as a B2B platform, Creatory. It also holds an equity stake in the Malaysian fintech company Jirnexu Pte. Ltd. MoneyHero is backed by notable investors such as Peter Thiel and Richard Li.

YTD Price Performance: -40.0%

Average Trading Volume: 54,081

Technical Sentiment Signal: Strong Buy

Current Market Cap: $28.67M

Learn more about MNY stock on TipRanks’ Stock Analysis page.

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