Mannatech Wins Approval to Move Listing to Nasdaq Capital Market After Equity Shortfall
Mannatech, Incorporated said Nasdaq's Listing Qualifications Department told it on September 26, 2024 that its application to move its common stock from the Nasdaq Global Market to the Nasdaq Capital Market had been approved.
The stock was to begin trading on the Nasdaq Capital Market at the start of trading on September 30, 2024, still under the symbol MTEX. The company said trading in its shares will not be affected and that it will meet all continued listing criteria of the Capital Market after the transfer.
The move resolves the deficiency Nasdaq flagged on August 19, 2024, when the company fell below the 10 million dollar minimum stockholders' equity required on the Global Market.
More Mannatech news
Mannatech Expands to Thailand, Its First New Market in Years
Mannatech has begun a soft opening in Thailand, with an official launch planned for mid-June. It is the company's first new market in several years. The opening team is led by Roh...
Mannatech Borrows 3.6 Million Dollars From Chairman and Insiders at 16 Percent
Mannatech, Incorporated disclosed in a Form 8-K that it entered into 3.6 million dollars in unsecured promissory notes with related parties on April 23, 2024. The notes carry...
Mannatech CFO David Johnson Resigns; President Landen Fredrick to Serve as Interim CFO
Mannatech, Incorporated disclosed in a Form 8-K filed January 12, 2024 that Chief Financial Officer David A. Johnson notified the company and its board on January 8 that he would...
Mannatech Says It Has Regained Nasdaq Equity Compliance After Restructuring Swiss Subsidiary Ownership
FLOWER MOUND, Texas - October 14, 2026 Mannatech, Incorporated says it believes it has regained compliance with the Nasdaq Capital Market's minimum stockholders' equity...
Mannatech Chairman J. Stanley Fredrick to Retire; Robert Toth Named Chair
Mannatech said J. Stanley Fredrick notified the board on August 26, 2026, of his intent to retire from the board and as chairman effective September 1, 2026, for personal reasons...