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NEW YORK, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (NASDAQ:NVNI) ("Nuvini"), the leading serial acquirer of private SaaS B2B companies in Latin America, announced the addition of Mr. José Mário Ribeiro Jr as a non-voting board adviser to Nuvini's Board of Directors. With a career spanning over four decades, Mr. Ribeiro brings extensive experience in entrepreneurship and financial services. Throughout his distinguished career, Mr. Ribeiro has founded over 30 companies within the Grupo Check, excelling in technological innovation and financial services. As a former partner and CEO of Adiq, one of Brazil's largest acquiring and payment solutions companies affiliated with Banco B
NEW YORK, May 17, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (NASDAQ:NVNI) ("Nuvini" or the "Company"), the leading serial acquirer of private SaaS B2B companies in Latin America, announced that it received a notice of non-compliance (the "Notice") from the Nasdaq Stock Market ("Nasdaq") stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because the Company did not timely file its annual report for the fiscal year ended December 31, 2023 on Form 20-F (the "Annual Report") with the Securities and Exchange Commission (the "SEC"). The Notice indicates that, consistent with Nasdaq rules for continued listing, the Company has 60 calendar days from the date of
NEW YORK, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (NASDAQ:NVNI) ("Nuvini"), the leading serial acquirer of private SaaS B2B companies in Latin America, announced that it received a notice of deficiency (the "Notice") from the Nasdaq Stock Market ("Nasdaq"). The deficiency cited by Nasdaq in the Notice is the result of the previously-announced resignation of Mr. Randy Millian from the board of directors of the Company (the "Board") and the audit committee of the Board. With the resignation of Mr. Millian, the Company is currently not in compliance with Nasdaq Listing Rule 5605(c)(2)(A) requiring three independent members on its audit committee. The Notice indicated that,
SC 13D/A - Nvni Group Ltd (0001965143) (Subject)
Gainers Actelis Networks (NASDAQ:ASNS) stock increased by 69.4% to $1.95 during Tuesday's regular session. The market value of their outstanding shares is at $6.5 million. Comtech Telecom (NASDAQ:CMTL) shares moved upwards by 52.07% to $3.3. The market value of their outstanding shares is at $93.9 million. The company's, Q3 earnings came out today. VirnetX Holding (NYSE:VHC) stock rose 24.69% to $5.15. The market value of their outstanding shares is at $18.9 million. Airgain (NASDAQ:AIRG) shares increased by 22.99% to $6.9. The market value of their outstanding shares is at $74.3 million. Nvni Group (NASDAQ:NVNI) shares increased by 15.44% to $1.48. The market value of their outstanding
Gainers FOXO Technologies (AMEX:FOXO) stock moved upwards by 30.7% to $0.31 during Friday's regular session. The market value of their outstanding shares is at $3.3 million. Quantum (NASDAQ:QMCO) stock increased by 15.31% to $0.61. The company's market cap stands at $58.4 million. Adobe (NASDAQ:ADBE) shares increased by 14.71% to $526.25. The market value of their outstanding shares is at $235.7 billion. As per the news, the Q2 earnings report came out yesterday. iLearningEngines (NASDAQ:AILE) shares moved upwards by 10.78% to $7.75. The market value of their outstanding shares is at $1.0 billion. Applied Digital (NASDAQ:APLD) shares rose 10.41% to $4.83. The market value of their outst
6-K - Nvni Group Ltd (0001965143) (Filer)
6-K - Nvni Group Ltd (0001965143) (Filer)
6-K - Nvni Group Ltd (0001965143) (Filer)
NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (NASDAQ:NVNI) ("Nuvini"), the leading serial acquirer of private SaaS B2B companies in Latin America, announces the addition of Mr. Aaron Ross as a non-voting board adviser to Nuvini's Board of Directors. Mr Ross is globally recognized for his groundbreaking work in sales development and revenue generation. His book, "Predictable Revenue," often referred to as the "Sales Bible of Silicon Valley," has transformed sales strategies for organizations worldwide. As the co-founder of Predictable Revenue, Aaron has empowered businesses to implement scalable and predictable sales processes, driving significant revenue growth. "We are
NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (NASDAQ:NVNI) ("Nuvini") today announced that it has received a staff determination letter (the "Determination Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on November 12, 2024. The Determination Letter states that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to its failure to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 (the "2023 Annual Report"). On November 15, 2024, the Company submitted a timely appeal of the delisting determination to the Nasdaq Hearings Panel (the "Panel") in accordance with Nasdaq's procedure
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (NASDAQ:NVNI) ("Nuvini") received a notification letter on November 1, 2024, from Nasdaq's Listing Qualifications Department, indicating the Company's minimum bid price per share had been below $1.00 for 30 consecutive business days, failing to meet Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement"). The notification has no immediate effect on the Company's Nasdaq listing, and shares continue to trade under "NVNI". Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has until April 30, 2025, to regain compliance by achieving a $1.00 closing bid price for 10 consecutive business days. If compliance is no
NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (NASDAQ:NVNI) ("Nuvini"), a leading B2B SaaS acquirer in Latin America, is pleased to announce the successful close of its latest financing round, consisting of a combination of equity and convertible notes. The financing, led by Nuvini's Founder and CEO, Pierre Schurmann, and existing investors, underscores the company's strategic growth vision. The convertible notes were secured at a conversion price of $1.10 per share. The premium pricing signals not only the company's founder and investors' belief in the company's resilience and growth potential but also a shared commitment to building a robust foundation for sustainable,
NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (NASDAQ:NVNI) ("Nuvini"), the leading serial acquirer of private SaaS B2B companies in Latin America, announced that the Company joined the Russell Microcap Growth Index, the Russell 3000E Index, the Russell Microcap Growth Value Index, and the Russell 3000E Value Index. "We are excited to join Russell 3000E," said Pierre Schurmann, Nuvini's CEO. "This is a significant benchmark for the Company as we remain focused on the execution of our corporate and capital allocation strategies. Joining the Russell 3000E Indexes gives Nuvini enhanced visibility to a broader market," he continued. The annual reconstitution of the Russell U
NEW YORK, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (NASDAQ:NVNI) ("Nuvini"), the leading serial acquirer of private SaaS B2B companies in Latin America, announces the appointment of Mr. João Antônio Dantas Bezerra Leite as Board Member and Audit Committee Chair. "It will be great to have the former CTO of the leading private bank in Brazil. His experience in financial services will be instrumental in giving us a better understanding of the fintech possibilities within Nuvini companies," said Pierre Schurmann CEO, Nuvini. About Mr. LeiteJoão Bezerra has over 35 years of experience in the technology, payments and banking industries in Brazil. He served as a Managing Director at