Core Points - Nvni Group Limited is not in compliance with Nasdaq Listing Rule 5550(a)(2) and 5550(b)(2) regarding minimum bid price and market value of listed securities [1][2] - The company has been granted a 180-calendar day compliance period until October 13, 2025, to regain compliance [2][3] - If noncompliance persists, the company may qualify for a second 180-calendar day compliance period under certain conditions [3][4] Company Overview - Nuvini is a leading acquirer of private SaaS B2B companies in Latin America, headquartered in São Paulo, Brazil [5] - The company focuses on acquiring profitable SaaS companies with a consolidated business model, recurring revenue, positive cash generation, and growth potential [5] - Nuvini aims to create value through long-term partnerships with the management of its acquired companies [5]
Nvni Group Receives Non-Compliance Notice from Nasdaq