Innoviz Technologies Ltd. — Form 6-K Summary
Business Context and Reporting Period
Innoviz Technologies Ltd., an Israeli foreign private issuer, filed this Form 6-K for September 2026. The report, signed September 23, 2026, addresses Nasdaq listing compliance for the company’s ordinary shares trading under the symbol INVZ.
Financial Metrics and Liquidity
The filing does not provide revenue, profit, cash flow, margin, debt, liquidity, or other financial metrics.
Material Change Versus the Prior Period
- On September 22, 2026, Nasdaq granted Innoviz an additional 180-calendar-day period, through March 22, 2027, to regain compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum closing bid price of $1.00 per share.
- The company had previously been notified on March 25, 2026 that its closing bid price had remained below $1.00 for 30 consecutive business days. The initial compliance period expired on September 21, 2026 without the company regaining compliance.
- Innoviz met the continued-listing market-value requirement for publicly held shares and all other applicable initial-listing requirements for The Nasdaq Capital Market, except the bid-price requirement.
Outlook, Risks, and Contingencies
- To regain compliance, the closing bid price must be at least $1.00 for a minimum of 10 consecutive business days before March 22, 2027.
- Innoviz is monitoring its share price and is considering available alternatives, including a reverse share split within the range approved by shareholders on September 16, 2026.
- The notification has no immediate effect on the listing or trading of the ordinary shares on The Nasdaq Capital Market.
- Failure to regain compliance by the deadline could expose the company to further Nasdaq delisting proceedings, subject to applicable Nasdaq rules and any available appeal or extension rights.
Important Facts for Investors to Verify
- Whether INVZ achieves a closing bid price of at least $1.00 for 10 consecutive business days before March 22, 2027.
- Whether the company proceeds with a reverse share split and the applicable ratio and timing.
- Any subsequent Nasdaq notifications, extensions, appeals, or delisting actions.
- The filing text does not provide a clear value for the company’s current share price, financial condition, or operating performance.