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On January 11, 2024, Minim, Inc., a company incorporated in Delaware and listed on The Nasdaq Capital Market under the trading symbol MINM, received a deficiency letter from Nasdaq's Listing Qualifications Department. The letter informed Minim that it does not meet the minimum stockholders' equity requirement of $2,500,000 for continued listing on The Nasdaq Capital Market, as per Nasdaq Listing Rule 5550(b)(1). Minim's Quarterly Report for the quarter ending September 30, 2023, showed stockholders' equity of only $135,637. The company has until February 26, 2024, to submit a Compliance Plan to regain compliance with the requirement. If the plan is accepted, Nasdaq may grant up to 180 days for Minim to demonstrate compliance. While Minim is exploring options to address the deficiency, there is no guarantee that the Compliance Plan will be accepted or that compliance will be achieved within the extension period. The notification from Nasdaq does not immediately affect the listing of Minim's common stock.
On January 11, 2024, Minim, Inc., a company incorporated in Delaware and listed on The Nasdaq Capital Market under the trading symbol MINM, received a deficiency letter from Nasdaq's Listing Qualifications Department. The letter informed Minim that it does not meet the minimum stockholders' equity requirement of $2,500,000 for continued listing on The Nasdaq Capital Market, as per Nasdaq Listing Rule 5550(b)(1). Minim's Quarterly Report for the quarter ending September 30, 2023, showed stockholders' equity of only $135,637. The company has until February 26, 2024, to submit a Compliance Plan to regain compliance with the requirement. If the plan is accepted, Nasdaq may grant up to 180 days for Minim to demonstrate compliance. While Minim is exploring options to address the deficiency, there is no guarantee that the Compliance Plan will be accepted or that compliance will be achieved within the extension period. The notification from Nasdaq does not immediately affect the listing of Minim's common stock.
2024年1月11日,在特拉華州註冊並在納斯達克資本市場上市、交易代碼爲MINM的公司Minim, Inc. 收到了納斯達克上市資格部門的缺陷信。該信告知Minim,根據納斯達克上市規則5550(b)(1),它不符合繼續在納斯達克資本市場上市的250萬美元的最低股東權益要求。Minim截至2023年9月30日的季度季度報告顯示,股東權益僅爲135,637美元。該公司必須在2024年2月26日之前提交合規計劃,以重新遵守該要求。如果該計劃被接受,納斯達克最多可以給予Minim180天的時間來證明其合規性。儘管Minim正在探索解決缺陷的備選方案,但無法保證合規計劃會被接受,也無法保證在延長期內實現合規。納斯達克的通知不會立即影響Minim普通股的上市。
2024年1月11日,在特拉華州註冊並在納斯達克資本市場上市、交易代碼爲MINM的公司Minim, Inc. 收到了納斯達克上市資格部門的缺陷信。該信告知Minim,根據納斯達克上市規則5550(b)(1),它不符合繼續在納斯達克資本市場上市的250萬美元的最低股東權益要求。Minim截至2023年9月30日的季度季度報告顯示,股東權益僅爲135,637美元。該公司必須在2024年2月26日之前提交合規計劃,以重新遵守該要求。如果該計劃被接受,納斯達克最多可以給予Minim180天的時間來證明其合規性。儘管Minim正在探索解決缺陷的備選方案,但無法保證合規計劃會被接受,也無法保證在延長期內實現合規。納斯達克的通知不會立即影響Minim普通股的上市。
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