N2OFF regains Nasdaq compliance with minimum bid price requirement.
PorAinvest
miércoles, 8 de octubre de 2025, 9:13 am ET1 min de lectura
NITO--
The notification letter from Nasdaq confirmed that, for the last 10 consecutive business days from September 22, 2025, to October 3, 2025, the closing bid price of the ADSs was $1.00 or greater. This recovery has enabled N2OFF to meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2), thereby resolving the compliance issue [1].
N2OFF, a cleantech company primarily focused on EU-based solar assets using the RTB (Ready to Build) business model, is currently the lead investor in four solar projects across three different EU countries. Additionally, the company controls approximately 98% of Save Foods Ltd., an Israeli company specializing in post-harvest treatments for fruits and vegetables [1].
This development is significant for N2OFF, as it ensures the company remains compliant with Nasdaq's listing rules. However, investors should note that the company's forward-looking statements are subject to various risks and uncertainties, including the success of its collaborations with Solterra Energy Ltd., entry into future projects, and the profitability of the solar PV sector [1].
N2OFF has regained compliance with Nasdaq's minimum bid price requirement after receiving a notification letter from the Listing Qualifications Department. The company previously announced in March 2025 that it was not in compliance with the requirement, as the closing bid price of its American Depositary Shares had been below $1.00 for more than 30 consecutive business days.
N2OFF, Inc. (NASDAQ: NITO) has regained compliance with Nasdaq's minimum bid price requirement following a notification letter from the Listing Qualifications Department. The company had previously announced in March 2025 that it was not in compliance, as the closing bid price of its American Depositary Shares (ADSs) had been below $1.00 for more than 30 consecutive business days [1].The notification letter from Nasdaq confirmed that, for the last 10 consecutive business days from September 22, 2025, to October 3, 2025, the closing bid price of the ADSs was $1.00 or greater. This recovery has enabled N2OFF to meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2), thereby resolving the compliance issue [1].
N2OFF, a cleantech company primarily focused on EU-based solar assets using the RTB (Ready to Build) business model, is currently the lead investor in four solar projects across three different EU countries. Additionally, the company controls approximately 98% of Save Foods Ltd., an Israeli company specializing in post-harvest treatments for fruits and vegetables [1].
This development is significant for N2OFF, as it ensures the company remains compliant with Nasdaq's listing rules. However, investors should note that the company's forward-looking statements are subject to various risks and uncertainties, including the success of its collaborations with Solterra Energy Ltd., entry into future projects, and the profitability of the solar PV sector [1].
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