{"id":801328,"date":"2025-01-15T17:04:41","date_gmt":"2025-01-15T22:04:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nvni-group-receives-nasdaq-notification-of-non-compliance-with-listing-rule-5250c2\/"},"modified":"2025-01-15T17:04:41","modified_gmt":"2025-01-15T22:04:41","slug":"nvni-group-receives-nasdaq-notification-of-non-compliance-with-listing-rule-5250c2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nvni-group-receives-nasdaq-notification-of-non-compliance-with-listing-rule-5250c2\/","title":{"rendered":"NVNI Group Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(2)"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, Jan.  15, 2025  (GLOBE NEWSWIRE) &#8212; Nvni Group Limited (Nasdaq: NVNI) (\u201cNuvini\u201d or the \u201cCompany\u201d), the leading serial acquirer of private SaaS B2B companies in Latin America, today announced that it received a staff determination notice (the \u201cDetermination\u201d) on January 9, 2024, from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) notifying the Company that due to its delay in filing its interim financial statements on form 6-K for the period of the end of its second quarter of 2023, the Company was not in compliance with Nasdaq Listing Rule 5250(c)(2).<\/p>\n<p align=\"justify\">Under Nasdaq rules, the Company has 60 calendar days, or until March 8, 2025, to either file the Annual Report or to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule (the \u201cCompliance Plan\u201d). If the Company does not file the Annual Report but submits a Compliance Plan, and Nasdaq accepts the Compliance Plan, then Nasdaq may grant the Company up to 180 days from the prescribed due date, or until June 30, 2025, to file the Annual Report and regain compliance. If Nasdaq does not accept the Company\u2019s Compliance Plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel.<\/p>\n<p align=\"justify\">The Notice has no immediate effect on the listing of the Company\u2019s ordinary shares on the Nasdaq Capital Market.<\/p>\n<p align=\"justify\">The Company intends to file the Annual Report within the 60-day period described above.<\/p>\n<p align=\"justify\">This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.<\/p>\n<p align=\"justify\">\n        <strong>About Nuvini<\/strong>\n      <\/p>\n<p align=\"justify\">Headquartered in S\u00e3o Paulo, Brazil, Nuvini is the leading private serial software business acquirer in Latin America. The Nuvini Group acquires software companies within SaaS markets in Latin America. It focuses on acquiring profitable \u201cbusiness-to-business\u201d SaaS companies with a consolidated business model, recurring revenue, positive cash generation and relevant growth potential. The Nuvini Group enables its acquired companies to provide mission-critical solutions to customers within its industry or sector.\u00a0<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains certain forward-looking statements within the meaning of the federal securities laws related to Arrival\u2019s intentions regarding the above matters. Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on management\u2019s belief or interpretation of information currently available. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Readers are cautioned not to put undue reliance on forward-looking statements as they are subject to numerous uncertainties and factors, all of which are difficult to predict and many of which are beyond Arrival\u2019s control. Except as required by applicable law, Arrival assumes no obligation to and does not intend to update or revise these forward-looking statements after the date of this press release, whether as a result of new information, future events, or otherwise. In light of these risks and uncertainties, you should keep in mind that any event described in a forward-looking statement made in this press release or elsewhere might not occur.<\/p>\n<p align=\"justify\">Camilla Carrapatoso<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=QXLgCj4awoMozhv9b2VYwdehiO2wKQdqVQX87FN_FAUa5W_XRFRmMkVj9qeupPLzU6PPz7-7ypYelCA0uZxA_A==\" rel=\"nofollow\" target=\"_blank\">ir@nuvini.co<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMzMjY1OSM2Njk1NzAwIzIyNjMzNzk=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NTcxZThjNjktOTc4ZC00MTU0LWFjOGEtN2ZiYmE0MTNiMDA1LTEyNzQ5Mjk=\/tiny\/Nvni-Group-Limited.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) &#8212; Nvni Group Limited (Nasdaq: NVNI) (\u201cNuvini\u201d or the \u201cCompany\u201d), the leading serial acquirer of private SaaS B2B companies in Latin America, today announced that it received a staff determination notice (the \u201cDetermination\u201d) on January 9, 2024, from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) notifying the Company that due to its delay in filing its interim financial statements on form 6-K for the period of the end of its second quarter of 2023, the Company was not in compliance with Nasdaq Listing Rule 5250(c)(2). Under Nasdaq rules, the Company has 60 calendar days, or until March 8, 2025, to either file the Annual Report or to submit to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nvni-group-receives-nasdaq-notification-of-non-compliance-with-listing-rule-5250c2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NVNI Group Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(2)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-801328","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NVNI Group Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(2) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nvni-group-receives-nasdaq-notification-of-non-compliance-with-listing-rule-5250c2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NVNI Group Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(2) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) &#8212; Nvni Group Limited (Nasdaq: NVNI) (\u201cNuvini\u201d or the \u201cCompany\u201d), the leading serial acquirer of private SaaS B2B companies in Latin America, today announced that it received a staff determination notice (the \u201cDetermination\u201d) on January 9, 2024, from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) notifying the Company that due to its delay in filing its interim financial statements on form 6-K for the period of the end of its second quarter of 2023, the Company was not in compliance with Nasdaq Listing Rule 5250(c)(2). Under Nasdaq rules, the Company has 60 calendar days, or until March 8, 2025, to either file the Annual Report or to submit to &hellip; Continue reading &quot;NVNI Group Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(2)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nvni-group-receives-nasdaq-notification-of-non-compliance-with-listing-rule-5250c2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-15T22:04:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMzMjY1OSM2Njk1NzAwIzIyNjMzNzk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nvni-group-receives-nasdaq-notification-of-non-compliance-with-listing-rule-5250c2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nvni-group-receives-nasdaq-notification-of-non-compliance-with-listing-rule-5250c2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"NVNI Group Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(2)\",\"datePublished\":\"2025-01-15T22:04:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nvni-group-receives-nasdaq-notification-of-non-compliance-with-listing-rule-5250c2\\\/\"},\"wordCount\":533,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nvni-group-receives-nasdaq-notification-of-non-compliance-with-listing-rule-5250c2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTMzMjY1OSM2Njk1NzAwIzIyNjMzNzk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nvni-group-receives-nasdaq-notification-of-non-compliance-with-listing-rule-5250c2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nvni-group-receives-nasdaq-notification-of-non-compliance-with-listing-rule-5250c2\\\/\",\"name\":\"NVNI Group Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(2) - 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