N2OFF (NASDAQ: NITO) restores Nasdaq bid-price compliance after prior notice
Rhea-AI Filing Summary
N2OFF, Inc. reported that it has regained compliance with Nasdaq’s minimum bid price requirement for continued listing. Nasdaq notified the company on October 6, 2025 that it is once again in compliance with Listing Rule 5550(a)(2), which requires the company’s common stock to maintain a closing bid price of at least $1.00 per share.
Nasdaq confirmed that from September 22, 2025 through October 3, 2025, the closing bid price of N2OFF’s common stock was at or above $1.00 for 10 consecutive business days, satisfying the rule. This closes the earlier deficiency matter that had been opened when N2OFF received a non-compliance notice on March 28, 2025. On October 8, 2025, the company issued a press release to announce the restored compliance.
Positive
- N2OFF regains Nasdaq minimum bid compliance, with its common stock closing at or above $1.00 for 10 consecutive business days, closing out a prior non-compliance notice.
Negative
- None.
Insights
N2OFF has restored Nasdaq minimum bid compliance, removing a delisting overhang.
N2OFF, Inc. received confirmation from Nasdaq on October 6, 2025 that it again meets Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share. Nasdaq cited 10 consecutive business days, from September 22, 2025 through October 3, 2025, during which the closing bid for the common stock was at least $1.00. This resolves the deficiency first noted in a Nasdaq notice dated March 28, 2025.
Restoring compliance with the bid-price rule means the company currently avoids the risk of being delisted from the Nasdaq Capital Market based on that specific criterion. Continued compliance depends on the stock maintaining required levels under Nasdaq rules, but this communication explicitly states that the prior matter is now closed.
The company followed up with a press release on October 8, 2025 to publicly announce the regained compliance. Subsequent periodic disclosures will show whether N2OFF continues to meet Nasdaq’s ongoing listing standards across bid price and any other applicable criteria.