Rail Vision Regains Nasdaq Minimum Bid Price Rule Compliance

Nasdaq has informed technology company Rail Vision Ltd. that the company has regained compliance with the minimum bid price requirement for continued listing outlined in Nasdaq Listing Rule 5550(a)(2).

Rail Vision is now compliant with all applicable listing standards, and its ordinary shares will continue to be listed and traded in the Nasdaq Capital Market.

Nasdaq notified Rail Vision on July 22, 2024, that it did not comply with the minimum bid price rule because its shares failed to meet the closing bid price of $1.00 or more for 30 consecutive business days, as required by the Nasdaq Listing Rules.

To regain compliance with the minimum bid price requirement, the Company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days. From December 27, 2024, through January 14, 2025, the closing bid price of the Company’s ordinary shares was greater than $1 per share.

Accordingly, the Company has regained compliance with the listing rule, and Nasdaq considers the prior bid price deficiency matter closed.

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