Nvni Group faces Nasdaq delisting after panel denial
Trading was suspended on October 9 after the firm missed a $35 million market value rule.
Nvni Group Limited announced that the Nasdaq Hearings Panel denied its request to continue trading on the Nasdaq Stock Market on October 7, 2026. The exchange scheduled the suspension of trading in the company's shares for the market open on October 9, 2026.
The delisting decision follows a failure to regain compliance with Nasdaq Listing Rule 5550(b)(2), which requires listed companies to maintain a primary market value above $35 million. Nvni had presented a remediation plan during a hearing on September 3, 2026, after receiving an initial delisting notice on July 28, 2026. The company's prior appeal had temporarily paused the suspension.
Chief Executive Officer Pierre Schurmann signed off on the formal notification on October 8, 2026. Nvni has 15 days from the panel's decision date to request a review by the Nasdaq Listing and Hearing Review Council, while it evaluates alternative venues or over-the-counter trading.
The most recent analyst rating on the stock is a Buy with an $8.00 price target.
Share prices can rise and fall. Past performance does not guarantee future results. This article is news, not investment advice.
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