DelistingApr 13, 2026, 04:36 PM
Veea Inc. Moves to Nasdaq Capital Market Due to Bid Price
AI Summary
Veea Inc. announced that its common stock and public warrants were transferred from the Nasdaq Global Market to the Nasdaq Capital Market on April 9, 2026. This action follows the company's failure to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share. Veea Inc. initially received a non-compliance notice on September 29, 2025, and its 180-day compliance period expired on March 30, 2026.
Key Highlights
- Veea Inc. common stock and warrants transferred to Nasdaq Capital Market on April 9, 2026.
- Transfer due to failure to meet Nasdaq's $1.00 minimum bid price requirement.
- Initial non-compliance notice received on September 29, 2025.
- Compliance period to regain $1.00 bid price ended March 30, 2026.