Innoviz Technologies, a leading supplier of automotive-grade LiDAR sensors and perception software, has received a notification from Nasdaq regarding its listing qualification. The company’s shares continue to trade on the Nasdaq Capital Market under the symbol “INVZ,” despite falling below the minimum bid price requirement. Innoviz has been granted a 180-day grace period to meet the minimum bid price requirement, with the opportunity for an additional grace period if needed.
Innoviz is a global leader in LiDAR technology, providing advanced solutions to automotive manufacturers for safe autonomous driving. The company’s technology surpasses human capabilities, ensuring reliable performance and safety. With a presence in the U.S., Europe, and Asia, Innoviz has been chosen by premium car brands for consumer vehicles as well as by industry leaders for various applications.
While Innoviz works towards regaining compliance with Nasdaq rules, it acknowledges the challenges and uncertainties in the current market landscape. The company remains committed to delivering innovative solutions for autonomous driving technology.
For more information about Innoviz and its groundbreaking technology, visit innoviz.tech.com. Stay connected with the latest updates and discussions on Facebook, LinkedIn, YouTube, and Twitter.
Please note that this announcement contains forward-looking statements that are subject to risks and uncertainties. Factors such as market conditions and regulatory requirements may impact the company’s ability to achieve its goals. Readers are encouraged to review the company’s filings with the U.S. Securities and Exchange Commission for a comprehensive understanding of the risks involved.
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Innoviz Technologies remains dedicated to pushing the boundaries of LiDAR technology and shaping the future of autonomous driving. Stay tuned for more updates from this pioneering company.
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