Minim Receives Nasdaq Notification

Company Overview - Minim, Inc. is a networking company founded in 1977, now focused on delivering intelligent software to enhance WiFi connections for users [4] - The company is headquartered in Manchester, N.H., and its cloud platform supports various routers and apps to improve user experience and privacy [4] Compliance and Regulatory Issues - Minim received a notification from Nasdaq's Listing Qualifications Department indicating that it does not meet the minimum stockholders' equity requirement of at least $2,500,000 for continued listing on The Nasdaq Capital Market [2] - The company has appealed this determination to a Hearings Panel, seeking to stay the suspension of its securities pending the Panel's decision [1][2] - To regain compliance with the stockholders' equity requirement, the company plans to pursue a direct equity investment and/or a business combination before the hearing [3]