Irvine-based medical device maker enVVeno Medical Corp. today announced that it has regained compliance with the Nasdaq\u2019s minimum bid price requirement.<\/p>\n
The company, which is focused on making treatments for deep venous disease, said that it achieved the minimum $1 closing bid for 10 consecutive business days, and as a result, \u201cthe matter is now closed.\u201d<\/p>\n
In October, the company received a notification of non-compliance and was given 180 days, or until April 6, to regain compliance. Most recently, the board approved a 1 for 35 reverse stock split of its common stock that took effect on Jan. 20.<\/p>\n
The company also reported cash and investments of approximately $28 million as of the year ended Dec. 31, 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"Irvine-based medical device maker enVVeno Medical Corp. today announced that it has regained compliance with the Nasdaq\u2019s minimum…\n","protected":false},"author":2,"featured_media":164757,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[163,165,164,12416],"class_list":["post-164756","post","type-post","status-publish","format-standard","has-post-thumbnail","category-anaheim","tag-anaheim","tag-anaheim-headlines","tag-anaheim-news","tag-free-stories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/164756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=164756"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/164756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/164757"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=164756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=164756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=164756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}