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NEW YORK - Nvni Group Limited (NASDAQ:NVNI), a prominent acquirer of B2B SaaS firms in Latin America, has been notified by Nasdaq that it no longer meets certain market listing requirements. Currently trading at $0.17 with a market capitalization of $15.52 million, the company’s share price has fallen below the required minimum bid price of $1 per share and its Market Value of Listed Securities (MVLS) is below the $35 million threshold.
Nasdaq has provided Nvni with a 180-day period, ending on October 13, 2025, to regain compliance. The company’s shares must maintain a closing bid price of at least $1 for ten consecutive business days and an MVLS of $35 million or more for the same duration within this timeframe. The challenge appears significant, given the stock’s 93% decline year-to-date and current trading near its 52-week low of $0.16. While Nvni works to meet these criteria, its shares will continue to trade under the ticker NVNI. InvestingPro subscribers can access 11 additional key insights about NVNI’s performance and valuation metrics.
If compliance is not achieved by the deadline, Nvni may be eligible for an additional 180-day period to address the bid price deficiency. This is contingent on meeting all other initial listing standards for The Nasdaq Capital Market, except for the bid price, and the company’s intent to cure the deficiency, potentially through a reverse stock split as approved in the shareholders meeting on March 20, 2025.
Nvni has stated its intention to monitor its share price and consider options, including a reverse stock split, to address noncompliance with Nasdaq’s requirements. However, there is no guarantee that the company will be able to regain compliance with the minimum bid price or MVLS requirements or that it will satisfy other Nasdaq listing criteria.
Based in São Paulo, Brazil, Nvni is known for acquiring profitable SaaS companies with a solid business model and growth potential in Latin America. The company aims to invest in established firms and support an entrepreneurial environment to foster industry leadership. According to InvestingPro analysis, the company currently shows a WEAK financial health score of 0.02, with challenges including high price volatility and weak gross profit margins.
This news is based on a press release statement and reflects the current status of Nvni Group Limited’s compliance with Nasdaq listing rules.
In other recent news, Nuvini Group Limited has announced its intent to acquire Munddi Soluções em Tecnologia Ltda., a technology platform based in São Paulo, Brazil. This acquisition is expected to be completed in about 60 days, contingent upon the execution of definitive agreements and meeting specific conditions. The integration of Munddi is anticipated to enhance Nuvini’s portfolio, particularly through synergies with existing businesses such as Onclick, Leadlovers, and Mercos. In another development, Nuvini has regained compliance with Nasdaq’s financial reporting requirements after submitting its unaudited financial statements for the recent quarter. The compliance notification from the Nasdaq Listing Qualifications Department confirms that Nuvini has met the necessary criteria, rectifying its previous non-compliance. This move is significant for the company as it underscores its commitment to transparency and adherence to regulatory standards. Both developments highlight Nuvini’s strategic initiatives and operational compliance efforts in the market.
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