SciSparc Ltd. notified by Nasdaq for failing to meet minimum stockholders' equity requirement. As of June 30, 2025, reported stockholders' equity was approximately $(81,000).
Tel Aviv-based company SciSparc Ltd. (Nasdaq: SPRC) announced the receipt of a Notification Letter from Nasdaq stating that it is not meeting the minimum stockholders’ equity requirement for Nasdaq Capital Market listing. The company reported stockholders’ equity of approximately $(81,000) as of June 30, 2025, falling short of the required minimum of $2,500,000. This puts SciSparc at risk of losing its Nasdaq listing under Rule 5550(b)(1). The company, focused on clinical-stage pharmaceutical developments through subsidiary NeuroThera Labs Inc., will need to take action to rectify the situation to maintain its listing status.
Source: Unusual Whales The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments