Nuvini regains compliance with Nasdaq listing rules

Nuvini (NVNI) Group received a written delisting determination notice on October 14, 2025 from the Nasdaq Stock Market notifying the Company that it had determined that the Company’s securities would be scheduled for delisting from the Nasdaq Capital Market and would be suspended at the opening of business on October 23, 2025, unless the Company requested an appeal of such determination by October 21, 2025. The delisting determination had been issued because the bid price of the Company’s ordinary shares had closed at less than $1 per share over the previous 30 consecutive business days, and, as a result, did not comply with Listing Rule 5550(a)(2), and the Company is not eligible for a second 180-day period to regain compliance because it does not comply with the minimum stockholders’ equity initial listing requirement for The Nasdaq Capital Market. Subsequently, as of October 20, 2025, Nuvini has received written notice from the Nasdaq indicating that Nuvini has regained full compliance with the Rule 5550(a)(2) since the ordinary shares of the Company had closed above $1 per share over a 10 consecutive business days period beginning on October 6, 2025 and ending on October 16, 2025, and the matter is now closed.