Movano Inc. Receives Nasdaq Delisting Notice Over Stockholders’ Equity Deficiency

Reuters
2025/10/04
<a href="https://laohu8.com/S/MOVE">Movano Inc.</a> Receives Nasdaq Delisting Notice Over Stockholders' Equity Deficiency

**Movano Inc. Faces Nasdaq Delisting Risk Over Equity Requirement** Movano Inc. announced that it has received a written notice from the Nasdaq Stock Market stating the company is not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires listed companies to maintain a minimum of $2.5 million in stockholders' equity. As of June 30, 2025, Movano reported approximately $1.637 million in stockholders' equity. The company has until October 8, 2025, to present a written compliance plan to the Nasdaq Hearings Panel. Movano also recently regained compliance with Nasdaq's periodic reporting requirements and is planning a reverse stock split to meet the minimum bid price rule by October 30, 2025. However, there is no assurance that the company will be granted additional time or ultimately meet all requirements to remain listed on Nasdaq.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Movano Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-096069), on October 03, 2025, and is solely responsible for the information contained therein.

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