Innoviz Technologies Ltd. announced that it has received formal written confirmation from The Nasdaq Stock Market, LLC, confirming its regained compliance with Nasdaq's minimum bid price requirement. This resolves the non-compliance notice issued on March 26, 2025.
The company's ordinary shares maintained a closing bid price of at least $1.00 for 10 consecutive business days, specifically from June 17 to July 1, 2025. This action fulfills the requirements of Nasdaq Listing Rule 5550(a)(2).
As a result of achieving this sustained bid price, Nasdaq Listing Qualifications Staff has notified Innoviz that the matter is now closed. This ensures the continued listing of Innoviz's shares on the Nasdaq Capital Market.
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