AZI Receives Nasdaq Notification Regarding Minimum Market Value Deficiency
New York, NY – July 9, 2025 – AZI, a company operating in the telecommunications sector, announced today that it has received a notification from The Nasdaq Stock Market LLC (Nasdaq) indicating a deficiency in meeting the minimum Market Value of Listed Securities (MVLS) requirement for continued listing on the Nasdaq Capital Market.
The notification, dated July 9, 2025, informs AZI that its MVLS has fallen below the $35 million threshold required by Nasdaq Listing Rule 5550(b)(1) for continued listing. This rule stipulates that a company must maintain a minimum market value of listed securities for a period of 180 consecutive days.
AZI is now provided with a compliance period of 180 calendar days, until January 5, 2026, to regain compliance with the MVLS requirement. During this period, the company is expected to take actions to improve its market value and demonstrate its ability to meet the Nasdaq’s continued listing standards.
While this notification signifies a current deficiency, it is important to note that AZI remains listed on the Nasdaq Capital Market. The company is actively exploring and evaluating various strategic options to address this deficiency and regain compliance.
AZI is committed to working diligently to meet Nasdaq’s listing requirements and to provide ongoing value to its shareholders. Further updates regarding AZI’s efforts to regain compliance will be provided as appropriate.
This announcement is made in accordance with Nasdaq’s disclosure requirements.
AZI Received Nasdaq Notification Regarding Minimum Market Value Deficiency
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