Group 1 - Nvni Group Limited has regained compliance with Nasdaq's minimum closing bid price requirement as of January 23, 2025 [1] - The company was previously notified on July 16, 2024, for failing to maintain a minimum closing bid price of $1.00 per share for 30 consecutive business days [1] - To regain compliance, the company needed to maintain a minimum closing bid price of $1.00 per share for at least 10 consecutive trading days [1] Group 2 - Nuvini is headquartered in São Paulo, Brazil, and is recognized as Latin America's leading acquirer of B2B SaaS businesses [2] - The company focuses on profitable companies with recurring revenue and growth potential, fostering an entrepreneurial environment for its acquisitions [2] - Nuvini's long-term strategy emphasizes value creation through partnerships with existing management [2]
Nuvini Regains Compliance with Nasdaq Minimum Bid Price Listing Requirements