Nvni Group (NVNI) Receives Nasdaq Non-compliance Notice

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Nuvini (Nasdaq: NVNI) Announces Receipt of Notice of Deficiency from Nasdaq Resulting from Previously Announced Departure of Director

January 19, 2024 4:20 PM EST

NEW YORK, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (Nasdaq: NVNI) (Nuvini), the leading serial acquirer of private SaaS B2B companies in Latin America, announced that it received a notice of deficiency (the Notice) from the Nasdaq Stock Market (Nasdaq).

The deficiency cited by Nasdaq in the Notice is the result of the previously-announced resignation of Mr. Randy Millian from the board of directors of the Company (the Board) and the audit committee of the Board. With the resignation of Mr. Millian, the Company is currently not in compliance with Nasdaq... More