Advanced Human Imaging Ltd. (AU:AHI) has released an update.
Advanced Health Intelligence Ltd (AHI), a health-tech company, faces delisting from Nasdaq due to shareholder equity deficiency but has shown financial improvement, exceeding the minimum equity requirement in its latest unaudited financials. AHI’s enhanced financial position, resulting from reduced operating costs and increased asset value, forms the basis of its appeal against the delisting. The company remains listed on the Australian Securities Exchange and is optimistic about its compliance appeal with Nasdaq.
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