Company Confirms Compliance with NASDAQ Minimum Bid Price Requirement
NEW YORK, Aug. 2025 (GLOBE NEWSWIRE) -- Nuvini Group Limited (Nasdaq: NVNI) ("Nuvini" or the "Company"), Latin America's leading serial acquirer of B2B SaaS companies, today announced that it has regained compliance with the NASDAQ minimum bid price requirement.
The Company received notification from NASDAQ confirming that it has regained compliance with Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. Nuvini's common stock has closed at or above $1.00 per share for the required period.
"We are pleased to have regained compliance with NASDAQ's listing requirements," said Pierre Schurmann, Founder and Chief Executive Officer of Nuvini. "This reflects the confidence investors have in our business model and strategic direction."
The Company remains committed to maintaining compliance with all applicable listing requirements.
About Nuvini
Headquartered in Sao Paulo, Brazil, Nuvini is Latin America's leading private serial acquirer of business to business (B2B) software as a service (SaaS) companies. The Company focuses on acquiring profitable, high-growth SaaS businesses with strong recurring revenue and cash flow generation. By fostering an entrepreneurial environment, Nuvini enables its portfolio companies to scale and maintain leadership within their respective industries. The company's long-term vision is to buy, retain, and create value through strategic partnerships and operational expertise.
Investor Relations Contact
Sofia Toledo
ir@nuvini.com
MZ North America
NVNI@mzgroup.us