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

Reuters
Oct 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.

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