IM Cannabis Corp. announced on September 5, 2025, that it received notice from Nasdaq on September 4, 2025, confirming compliance with Nasdaq Listing Rule 5550(b)(1). This rule requires listed companies to maintain stockholders' equity of at least $2,500,000.
This achievement follows a previous notification of non-compliance received on April 9, 2025. The company's successful efforts to address the deficiency ensure its continued listing on the Nasdaq Capital Market.
The common stock of IM Cannabis will continue to be listed and traded on the Nasdaq Capital Market. Regaining compliance removes a significant regulatory hurdle and provides stability for the company's public listing.
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