Innoviz Technologies (NASDAQ: INVZ) gets Nasdaq warning on sub-$1 share price
Rhea-AI Filing Summary
Innoviz Technologies Ltd. reported that Nasdaq has notified the company it no longer meets the exchange’s $1.00 minimum bid price requirement, after its ordinary shares closed below this level for 30 consecutive business days. The shares remain listed on the Nasdaq Capital Market under the symbol INVZ with no immediate impact.
Innoviz has a 180-day grace period, until September 21, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive trading days. If other listing standards are met, Innoviz may qualify for an additional 180-day period and plans to monitor its share price and consider options to restore compliance.
Positive
- None.
Negative
- Nasdaq minimum bid-price non-compliance: Innoviz received a Nasdaq notice that its shares closed below $1.00 for 30 consecutive business days, starting a 180-day cure period and creating potential long-term listing and liquidity risk if compliance is not regained.
Insights
Nasdaq bid-price non-compliance raises listing risk for Innoviz.
Innoviz Technologies has fallen below Nasdaq’s $1.00 minimum bid price for 30 consecutive business days, triggering a formal non-compliance notice. The stock continues to trade on the Nasdaq Capital Market, so there is no immediate disruption to liquidity or trading access.
Nasdaq has granted a 180-day grace period ending September 21, 2026. Innoviz must achieve a closing bid of at least $1.00 for ten straight trading days to cure the deficiency. If it meets all other listing standards, Nasdaq staff may grant another 180-day window.
This situation introduces added uncertainty for shareholders because prolonged non-compliance can ultimately lead to delisting. The company states it will monitor its share price and consider options to regain compliance, but specific measures are not described in this announcement.
FAQ
What Nasdaq notice did Innoviz Technologies (INVZ) receive?
Does the Nasdaq non-compliance letter immediately affect Innoviz (INVZ) listing?
How long does Innoviz have to regain Nasdaq bid-price compliance?
Can Innoviz obtain more time beyond the first 180-day Nasdaq grace period?
What actions does Innoviz plan regarding the Nasdaq minimum bid requirement?
What business does Innoviz Technologies (INVZ) operate while addressing the Nasdaq notice?
Filing Exhibits & Attachments
1 documentPress Releases