Summary by Futu AI
SaverOne 2014 Ltd., a foreign private issuer, has successfully regained compliance with the Nasdaq's minimum bid price requirement, according to a notification received from the Nasdaq Listing Qualifications staff on March 1, 2024. The company's American Depositary Shares maintained a closing bid price of $1.00 or more for at least 10 consecutive business days, culminating on February 29, 2024. This achievement has led to the closure of the previous bid price deficiency issue. The report confirming this compliance was signed by Ori Gilboa on behalf of SaverOne 2014 Ltd. on March 5, 2024.