SaverOne Regains Compliance with Nasdaq Minimum Bid Price Requirement
SaverOne 2014 Ltd. - American Depositary Shares (SVRE)
Company Research
Source: GlobeNewswire
Petah Tikvah, Israel, Nov. 13, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells advanced transportation safety solutions (he “Company”), today announced that on November 12, 2024, it received notice from The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Rule”) for continued listing on the Nasdaq Capital Market. On May 17, 2024, SaverOne received notice from Nasdaq that the Company was not in compliance with the Rule, as its American Depositary Shares (ADSs)failed to meet a closing bid price of $1.00 or more for 30 consecutive business days. To regain compliance with the Rule, the Company ADSs were required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days. On October 28, 2024, the Company implemented a change in the ADS ratio from one (1)
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SVRE
News
- SaverOne signs a Commercial Agreement with a Leading Multinational in the Construction SectorGlobeNewswire
- SaverOne Expands European Reach in Spain and Portugal through a New Distribution Agreement with Sistemas ADASGlobeNewswire
- SaverOne Announces First Distribution Agreement in the United StatesGlobeNewswire
- SaverOne Announces New Pilot with Malta Public Transport CompanyGlobeNewswire
- SaverOne Launches Four Pilot Projects with Customers of Volvo Buses MexicoGlobeNewswire
SVRE
Sec Filings
- 11/19/24 - Form 6-K
- 11/18/24 - Form 6-K
- 11/14/24 - Form 6-K
- SVRE's page on the SEC website