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Delisting of Securities of Minim, Inc. from The Nasdaq Stock Market

The Nasdaq Stock Market has announced the delisting of Minim, Inc.'s common stock.

(Neutral)

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Rhea-AI Summary

The Nasdaq Stock Market has announced the delisting of Minim, Inc.'s common stock. The company's securities have been suspended since July 24, 2024, with no trading activity on Nasdaq since then. The delisting process will be completed through a Form 25 filing with the SEC, becoming effective ten days after filing. The securities may continue trading on other venues, subject to the company's public filings and direct communications.

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Positive

  • None.

Negative

  • Complete delisting from Nasdaq Stock Market
  • Trading suspension since July 24, 2024
Argus Session date unavailable
+1.80% session move Open Argus
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News Market Reaction – NDAQ

The recorded move for NDAQ in the trading session of this news was +1.80%.

Data tracked by StockTitan Argus. Session date unavailable.

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NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market announced today that it will delist the common stock of Minim, Inc. Minim, Inc.’s securities were suspended on July 24, 2024, and have not traded on Nasdaq since that time.

Nasdaq will file a Form 25 with the Securities and Exchange Commission to complete the delisting. The delisting becomes effective ten days after the Form 25 is filed. For news and additional information about the company, including the basis for the delisting and whether the company’s securities are trading on another venue, please review the company’s public filings or contact the company directly.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com. Nasdaq’s rules governing the delisting of securities can be found in the Nasdaq Rule 5800 Series, available on the Nasdaq Web site: https://listingcenter.nasdaq.com/rulebook/nasdaq/rules/nasdaq-5800-series.


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why is Minim Inc being delisted from NASDAQ?

The press release does not specify the exact reason for delisting. Investors should refer to Minim's public filings or contact the company directly for detailed information about the basis for delisting.

When will Minim's delisting from NASDAQ become effective?

The delisting will become effective ten days after Nasdaq files the Form 25 with the Securities and Exchange Commission.

Can Minim stock still be traded after NASDAQ delisting?

While the stock is no longer trading on Nasdaq since July 24, 2024, it may potentially trade on other venues. Investors should review the company's public filings or contact Minim directly for information about alternative trading venues.

When was Minim's stock suspended from trading on NASDAQ?

Minim's securities were suspended from trading on Nasdaq on July 24, 2024, and have not traded on the exchange since that date.

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