Innoviz receives Nasdaq non-compliance notice

What: Innoviz Technologies Inc. has received a non-compliance notice from the Nasdaq Stock Market.
Why: The notice is due to the company's stock price falling below the minimum requirement of $1.00 per share.
Signal: Innoviz's stock has been trading at around $0.65 per share, indicating a decline in investor confidence.
Target: The company has 45 days to regain compliance, or it may face delisting from the Nasdaq exchange.
Risk: Delisting could lead to a significant loss of investor value and credibility for Innoviz.