Nuvini (NVNI) Group has received formal notification from the Nasdaq Stock Market confirming that the Company has regained compliance with Nasdaq Listing Rule 5550(b)(2), which requires companies listed on the Nasdaq Capital Market to maintain a minimum Market Value of Listed Securities of $35 million. The Company achieved compliance by maintaining an MVLS of $35 million or more for ten consecutive trading days, as calculated by multiplying the total shares outstanding by the closing bid price. Nasdaq has confirmed that the matter is now closed and that the Company’s securities will continue to be listed and traded on the Nasdaq Capital Market under the symbol “NVNI”.
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