Hyperfine Inc. has received a notice from The Nasdaq Stock Market LLC indicating that the company's Class A common stock has fallen below the minimum bid price requirement of $1.00 per share for 30 consecutive business days. This does not immediately affect the stock's listing or trading on Nasdaq, where it continues to trade under the symbol "HYPR." Hyperfine has been given 180 calendar days, until October 27, 2025, to regain compliance by ensuring the stock price meets or exceeds $1.00 per share for at least 10 consecutive business days. If compliance is not achieved, Hyperfine may qualify for an additional 180-day period by transferring its listing to The Nasdaq Capital Market and meeting other criteria. The company is exploring options to address the issue, although there is no guarantee that compliance will be regained or that an extension will be granted.
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