Rail Vision Receives Nasdaq Notification Regarding Minimum Bid Requirements

July 26, 2024

https://www.globenewswire.com/news-release/2024/07/26/2919858/0/en/Rail-Vision-Receives-Nasdaq-Notification-Regarding-Minimum-Bid-Requirements.html

Ra’anana, Israel, July 26, 2024 (GLOBE NEWSWIRE) — Rail Vision Ltd. (the “Company”) (Nasdaq:RVSN), a technology company at the forefront of revolutionizing railway safety and the data-related market, announced today that on July 22, 2024, the Company received a written notice from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the Company’s closing bid price for its Ordinary Shares was below $1.00 per share for the last 30 consecutive business days.

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