Semantix Provides Update Regarding Nasdaq Minimum Bid Price Compliance

January 19, 2024

https://www.globenewswire.com/news-release/2024/01/05/2804878/0/en/Semantix-Provides-Update-Regarding-Nasdaq-Minimum-Bid-Price-Compliance.html

SÃO PAULO, Brazil, Jan. 05, 2024 (GLOBE NEWSWIRE) — Semantix, Inc. (NASDAQ:STIX), a leading Latin American enterprise AI platform and applications provider, today announced that on January 2, 2024 it received a written notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company is not in compliance with the minimum bid price requirement of US$1.00 per share set forth in Nasdaq Rules, based on the closing bid price of the Company’s Ordinary Shares for the last 34 consecutive business days from November 10, 2023 to December 29, 2023.

Read more at globenewswire.com

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