Nuvini (nasdaq: nvni) announces nasdaq notification of non-compliance regarding delayed form 20-f filing

New york, may 17, 2024 (globe newswire) -- nvni group limited (nasdaq: nvni) (“nuvini” or the “company”), the leading serial acquirer of private saas b2b companies in latin america, announced that it received a notice of non-compliance (the “notice”) from the nasdaq stock market (“nasdaq”) stating that the company is not in compliance with nasdaq listing rule 5250(c)(1) because the company did not timely file its annual report for the fiscal year ended december 31, 2023 on form 20-f (the “annual report”) with the securities and exchange commission (the “sec”). the notice indicates that, consistent with nasdaq rules for continued listing, the company has 60 calendar days from the date of the notice, or until july 16, 2024, to submit to nasdaq a plan to regain compliance with the nasdaq listing rules.
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