ParaZero Announces Receipt of Nasdaq Minimum Bid Price Notification
ParaZero Technologies (Nasdaq: PRZO), an aerospace company specializing in safety systems for commercial unmanned aerial systems, has received a notice from Nasdaq regarding non-compliance with the minimum bid price requirement. The company's stock must maintain a minimum bid price of $1.00 per share for continued listing.
Nasdaq has granted ParaZero a 180-day compliance period until October 7, 2025, to regain compliance. The company can meet this requirement if its closing bid price reaches at least $1.00 for a minimum of ten consecutive business days. If unsuccessful, ParaZero may be eligible for an additional 180-day period if it meets other listing standards.
The notice has no immediate impact on ParaZero's Nasdaq listing, and its shares continue trading under 'PRZO'.
ParaZero Technologies (Nasdaq: PRZO), un'azienda aerospaziale specializzata in sistemi di sicurezza per droni commerciali, ha ricevuto una comunicazione da Nasdaq riguardante la non conformit脿 con il requisito del prezzo minimo di offerta. Le azioni dell'azienda devono mantenere un prezzo minimo di offerta di $1,00 per azione per continuare a essere quotate.
Nasdaq ha concesso a ParaZero un periodo di conformit脿 di 180 giorni fino al 7 ottobre 2025 per recuperare la conformit脿. L'azienda pu貌 soddisfare questo requisito se il suo prezzo di chiusura raggiunge almeno $1,00 per un minimo di dieci giorni lavorativi consecutivi. In caso di insuccesso, ParaZero potrebbe essere idonea a un ulteriore periodo di 180 giorni se soddisfa altri standard di quotazione.
La comunicazione non ha impatti immediati sulla quotazione di ParaZero su Nasdaq, e le sue azioni continuano a essere scambiate sotto 'PRZO'.
ParaZero Technologies (Nasdaq: PRZO), una empresa aeroespacial especializada en sistemas de seguridad para veh铆culos a茅reos no tripulados comerciales, ha recibido un aviso de Nasdaq sobre el incumplimiento del requisito del precio m铆nimo de oferta. Las acciones de la empresa deben mantener un precio m铆nimo de oferta de $1.00 por acci贸n para continuar en la lista.
Nasdaq ha otorgado a ParaZero un per铆odo de cumplimiento de 180 d铆as hasta el 7 de octubre de 2025 para recuperar la conformidad. La empresa puede cumplir con este requisito si su precio de oferta de cierre alcanza al menos $1.00 durante un m铆nimo de diez d铆as h谩biles consecutivos. Si no tiene 茅xito, ParaZero podr铆a ser elegible para un per铆odo adicional de 180 d铆as si cumple con otros est谩ndares de listado.
El aviso no tiene un impacto inmediato en la cotizaci贸n de ParaZero en Nasdaq, y sus acciones contin煤an negoci谩ndose bajo 'PRZO'.
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ParaZero Technologies (Nasdaq: PRZO), une entreprise a茅rospatiale sp茅cialis茅e dans les syst猫mes de s茅curit茅 pour les syst猫mes a茅riens sans pilote commerciaux, a re莽u un avis de Nasdaq concernant le non-respect de l'exigence de prix d'offre minimum. Les actions de l'entreprise doivent maintenir un prix d'offre minimum de 1,00 $ par action pour continuer 脿 锚tre cot茅es.
Nasdaq a accord茅 脿 ParaZero une p茅riode de conformit茅 de 180 jours jusqu'au 7 octobre 2025 pour retrouver la conformit茅. L'entreprise peut satisfaire cette exigence si son prix de cl么ture atteint au moins 1,00 $ pendant au moins dix jours ouvr茅s cons茅cutifs. Si cela 茅choue, ParaZero pourrait 锚tre 茅ligible 脿 une p茅riode suppl茅mentaire de 180 jours si elle respecte d'autres normes de cotation.
L'avis n'a aucun impact imm茅diat sur la cotation de ParaZero sur Nasdaq, et ses actions continuent d'锚tre 茅chang茅es sous 'PRZO'.
ParaZero Technologies (Nasdaq: PRZO), ein Luft- und Raumfahrtunternehmen, das sich auf Sicherheitssysteme f眉r kommerzielle unbemannte Luftfahrzeuge spezialisiert hat, hat eine Mitteilung von Nasdaq 眉ber die Nichteinhaltung des Mindestgebotspreisanforderung erhalten. Die Aktien des Unternehmens m眉ssen einen Mindestgebotspreis von $1,00 pro Aktie aufrechterhalten, um weiterhin gelistet zu bleiben.
Nasdaq hat ParaZero eine 180-t盲gige Compliance-Frist bis zum 7. Oktober 2025 gew盲hrt, um die Einhaltung wiederherzustellen. Das Unternehmen kann diese Anforderung erf眉llen, wenn sein Schlussgebotspreis mindestens $1,00 f眉r mindestens zehn aufeinanderfolgende Gesch盲ftstage erreicht. Bei Nichterf眉llung k枚nnte ParaZero f眉r einen zus盲tzlichen 180-t盲gigen Zeitraum in Frage kommen, wenn es andere Listungsstandards erf眉llt.
Die Mitteilung hat keine unmittelbaren Auswirkungen auf die Nasdaq-Listung von ParaZero, und die Aktien werden weiterhin unter 'PRZO' gehandelt.
- Granted 180-day compliance period to meet requirements
- Possibility of additional 180-day extension if other listing criteria are met
- No immediate impact on Nasdaq listing status
- Non-compliance with Nasdaq minimum bid price requirement ($1.00)
- Risk of potential delisting if compliance is not achieved
- Stock trading below $1.00 indicates weak market performance
Insights
ParaZero's receipt of a Nasdaq minimum bid price notification represents a significant regulatory challenge that could affect the company's market accessibility and investor perception. With the current share price at
The 180-day compliance period provides some breathing room, but achieving a
The potential consequences of failing to regain compliance extend beyond symbolic concerns. A Nasdaq delisting could trigger several negative cascading effects: reduced liquidity, removal from indexes, diminished institutional investor interest, access to capital markets, and possibly wider bid-ask spreads. The grace period and potential extension offer time to address the issue, but the notification itself highlights concerns about market valuation and investor confidence.
While immediate trading is unaffected, this regulatory challenge creates uncertainty that will likely influence investment decisions until resolution is achieved.
TEL AVIV, Israel, April 11, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the 鈥渃ompany鈥� or 鈥淧araZero鈥�), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, today announced it has received a written notice (the 鈥淣otice鈥�) from the Nasdaq Stock Market LLC (鈥淣asdaq鈥�) indicating that the Company is not in compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of
Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a period of 180 calendar days compliance period, or until October 7, 2025, to regain compliance with the minimum bid price requirement. The Company can regain compliance, if at any time during this 180-day period, the closing bid price of its ordinary shares is at least
The Notice has no immediate effect on the Company鈥檚 Nasdaq listing or the trading of its ordinary shares, and during the grace period, as may be extended, the Company鈥檚 ordinary shares will continue to trade on Nasdaq under the symbol 鈥淧RZO鈥�.
About ParaZero Technologies
笔补谤补窜别谤辞听(狈补蝉诲补辩: PRZO) is an aerospace company focused on safety systems for commercial unmanned aerial聽systems and counter UAS systems. Started in 2014 by a passionate group of aviation professionals and drone industry veterans, ParaZero designs smart, autonomous parachute safety systems designed to enable safe flight operations over populated areas and beyond-visual-line-of-sight (BVLOS) as well as for various military applications including Counter UAS. For more information about ParaZero, please visit聽.
Forward-Looking Statements
This press release contains 鈥渇orward-looking statements鈥� within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as 鈥渆xpects,鈥� 鈥渁nticipates,鈥� 鈥渋ntends,鈥� 鈥減lans,鈥� 鈥渂elieves,鈥� 鈥渟eeks,鈥� 鈥渆stimates鈥� and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management鈥檚 current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management鈥檚 expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company鈥檚 reports filed from time to time with the Securities and Exchange Commission (鈥淪EC鈥�), including, but not limited to, the risks detailed in the Company鈥檚 Annual Report on Form 20-F filed with the SEC on March 21, 2025. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. ParaZero is not responsible for the content of third-party websites.
Investor Relations Contact:
Michal Efraty
Investor Relations
ParaZero Technologies Ltd. | 30 Dov Hoz, Kiryat Ono, Israel 5555626
P: +972-36885252 | E:聽聽| F: +972-3-688-5246
FAQ
What is the deadline for ParaZero (PRZO) to meet Nasdaq's minimum bid requirement?
What happens if PRZO stock price stays below $1 after October 2025?
How can ParaZero (PRZO) regain Nasdaq compliance?
Will PRZO stock continue trading on Nasdaq during the compliance period?
