HYPR Reclaims $1.00 Bid-Price Compliance After Nasdaq Notice

Rhea-AI Filing Summary

Hyperfine, Inc. (HYPR) received a Nasdaq notice on April 30, 2025 that its closing bid price fell below the $1.00 minimum for 30 consecutive business days and therefore did not meet Nasdaq Listing Rule 5450(a)(1). On August 6, 2025, Nasdaq notified the Company that it has regained compliance with the bid-price requirement and the matter is closed.

Key facts:

• Nasdaq deficiency notice: April 30, 2025
• Regained compliance and matter closed: August 6, 2025
• Ticker: HYPR; security: Class A common stock on the Nasdaq Global Market

Positive

• Regained compliance with Nasdaq Listing Rule 5450(a)(1) as of August 6, 2025
• Nasdaq confirmed the matter is closed, removing the formal deficiency notice

Negative

• Previously failed to meet the $1.00 minimum closing bid-price for 30 consecutive business days, triggering a Nasdaq notice on April 30, 2025
• Filing discloses no remediation details or steps taken to cure the bid-price deficiency

Insights

Financial Analyst

TL;DR: Regaining Nasdaq bid-price compliance closes a listing deficiency and removes the immediate Nasdaq notice tied to the $1.00 rule.

The 8-K reports a Nasdaq notice dated April 30, 2025 that the Company’s closing bid price was below $1.00 for 30 consecutive business days, and a subsequent Nasdaq communication dated August 6, 2025 confirming the Company has regained compliance and that the matter is closed. For investors this is a material operational disclosure because it resolves a formal listing deficiency; however, the filing does not include details on the timeline or actions taken to cure the deficiency.

Corporate Governance Expert

TL;DR: Nasdaq deficiency cured; filing is procedural and lacks detail on remediation steps.

The Item 8.01 disclosure documents receipt of a Nasdaq notice and a later Nasdaq confirmation of compliance. The report is signed by Brett Hale on August 6, 2025. The filing confirms closure of the Nasdaq matter but does not describe remediation measures, governance changes, or forward-looking guidance regarding share-price stability. From a governance perspective the disclosure meets regulatory requirements but provides limited transparency on corrective actions.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Understanding 8-K Material Events →

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 06, 2025

Hyperfine, Inc.

(Exact name of Registrant as Specified in Its Charter)

Delaware			001-39949	98-1569027
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
351 New Whitfield Street
Guilford, Connecticut				06437
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: (866) 796-6767

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Class A common stock, $0.0001 par value per share		HYPR		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

As previously reported, on April 30, 2025, Hyperfine, Inc. (the “Company”) received written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s Class A common stock, par value $0.0001 per share (the “Common Stock”), had fallen below $1.00 per share for 30 consecutive business days, the Company no longer met the minimum bid price requirement for continued inclusion on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Requirement”).

On August 6, 2025, the Company received a letter from the Staff of Nasdaq indicating that it has regained compliance with the Bid Price Requirement and this matter is now closed.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			HYPERFINE, INC.
Date:	August 6, 2025	By:	/s/ Brett Hale
			Brett Hale Chief Administrative Officer, Chief Financial Officer, Treasurer and Corporate Secretary