Advanced Human Imaging Ltd. Unsponsored Adr (AHI) has released an update.
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Advanced Human Imaging Ltd. has been notified by Nasdaq of a shareholder equity deficiency, potentially leading to delisting, but is actively seeking to resolve the issue through funding initiatives, including a partnership with Oakley Capital and a proposed U.S. shelf offering. The company is appealing the delisting and is working to meet Nasdaq’s equity requirements to maintain its listing, with trading of its ADSs currently unaffected.
For further insights into AHI stock, check out TipRanks’ Stock Analysis page.