Innoviz Technologies (INVZ) announced that it received formal written confirmation from The Nasdaq Stock Market, LLC confirming that the company has regained compliance with Nasdaq’s minimum bid price requirement. The regaining of compliance is a result of the company’s closing bid price of the company’s ordinary shares being at least $1.00 for at least 10 consecutive business days prior to January 27, 2025 deadline, as described in the initial notice from Nasdaq to the company dated July 30, 2024.
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