Amesite Inc. Faces Nasdaq Delisting Risk Over Equity Shortfall

Reuters
2025.10.29 20:39
portai
I'm PortAI, I can summarize articles.

Amesite Inc. has received a deficiency letter from Nasdaq regarding non-compliance with the minimum stockholders’ equity requirement of $2.5 million for continued listing. The company has 45 days to submit a compliance plan. Trading will continue, but there is no guarantee of regaining compliance or receiving an extension. If the plan is rejected, Amesite may request a hearing to delay potential delisting.

Amesite Inc. has received a deficiency letter from the Nasdaq Stock Market, notifying the company that it is not in compliance with the minimum stockholders’ equity requirement of $2.5 million for continued listing on the Nasdaq Capital Market. Additionally, the company does not meet alternative listing standards related to market value or net income. Amesite has 45 days to submit a plan to regain compliance and intends to do so. Trading of the company’s shares will continue in the meantime, but there is no assurance that Amesite will regain compliance or that an extension will be granted. If the plan is not accepted or compliance is not achieved, Amesite may request a hearing to delay any potential suspension or delisting. 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. Amesite 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: 0001213900-25-103511), on October 29, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here