Reviva Pharmaceuticals Holdings Inc. announced that it has regained compliance with Nasdaq's minimum Market Value of Listed Securities (MVLS) requirement, after previously falling below the $35 million threshold. The company received formal notification from Nasdaq that the MVLS matter is now closed. However, Reviva remains out of compliance with Nasdaq's $1.00 minimum bid price requirement, with a deadline of November 10, 2025, to regain compliance. The company is monitoring its stock price and may consider actions such as a reverse stock split but cannot guarantee that it will meet the requirement or maintain compliance with other Nasdaq listing standards.
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. Reviva Pharmaceuticals Holdings 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: 0001437749-25-031278), on October 17, 2025, and is solely responsible for the information contained therein.
Comments