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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，在特拉华州注册并在纳斯达克资本市场上市、交易代码为MINM的公司Minim, Inc. 收到了纳斯达克上市资格部门的缺陷信。该信告知Minim，根据纳斯达克上市规则5550（b）（1），它不符合继续在纳斯达克资本市场上市的250万美元的最低股东权益要求。Minim截至2023年9月30日的季度季度报告显示，股东权益仅为135,637美元。该公司必须在2024年2月26日之前提交合规计划，以重新遵守该要求。如果该计划被接受，纳斯达克最多可以给予Minim180天的时间来证明其合规性。尽管Minim正在探索解决缺陷的备选方案，但无法保证合规计划会被接受，也无法保证在延长期内实现合规。纳斯达克的通知不会立即影响Minim普通股的上市。
2024年1月11日，在特拉华州注册并在纳斯达克资本市场上市、交易代码为MINM的公司Minim, Inc. 收到了纳斯达克上市资格部门的缺陷信。该信告知Minim，根据纳斯达克上市规则5550（b）（1），它不符合继续在纳斯达克资本市场上市的250万美元的最低股东权益要求。Minim截至2023年9月30日的季度季度报告显示，股东权益仅为135,637美元。该公司必须在2024年2月26日之前提交合规计划，以重新遵守该要求。如果该计划被接受，纳斯达克最多可以给予Minim180天的时间来证明其合规性。尽管Minim正在探索解决缺陷的备选方案，但无法保证合规计划会被接受，也无法保证在延长期内实现合规。纳斯达克的通知不会立即影响Minim普通股的上市。
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