Rail Vision receives Nasdaq notice of non-compliance

Rail Vision (RVSN) has received a notice from the Nasdaq Stock Market on March 6, indicating that the company’s stock is not in compliance with Nasdaq’s listing rule 5550(a)(2). This is because RVSN’s closing bid price per ordinary share has been below $1.00 for the last 30 consecutive business days.
According to Nasdaq rule 5810(c)(3)(A), RVSN has been given a 180-day grace period, ending on September 2, 2025, to correct this issue. During this period, RVSN shares will continue to be listed and traded on the Nasdaq. To regain compliance, the stock’s closing bid price must stay above or equal to $1.00 for at least 10 consecutive business days within the 180-day window.