NewGenIvf Group receives Nasdaq listing approval

NewGenIvf Group (NIVF) announced that the Nasdaq Hearings Panel has granted the company’s request for continued listing on Nasdaq, subject to specific conditions. The Panel has granted NewGen’s request to continue its listing on the Nasdaq Stock Market subject to several conditions that must be met within specified time frames. The company has already made progress on its compliance plan, including carrying out a reverse split on February 11, and achieving compliance with the shareholders’ equity minimum for listing on the Nasdaq Capital Market ahead of schedule through note conversions. The company intends to apply for transition to the Nasdaq Capital Market on or before February 26.