tiprankstipranks

Innoviz receives Nasdaq non-compliance letter

Innoviz receives Nasdaq non-compliance letter

Innoviz Technologies (INVZ) announced that it has received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC dated March 26, 2025, indicating that the company no longer satisfies Nasdaq Listing Rule 5450(a)(1) based upon a closing bid price of less than $1.00 per share for the company’s ordinary shares for the prior 30 consecutive business day period. The notification from Nasdaq has no immediate effect on the listing of the Shares, and the Shares will continue to trade on the Nasdaq Capital Market under the symbol “INVZ”.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue