Mann regains Nasdaq equity compliance after Swiss holding acquisition, cites reduced Swiss withholding
Mann (MTEX) believes it has regained compliance with Nasdaq's $2.5M equity requirement after acquiring 100% ownership of its Swiss subsidiary. The Swiss tax authority ruled distributions now qualify for a reduced 5% withholding rate, altering deferred tax liabilities. Nasdaq will continue monitoring. According to the company, the changes were effective as of September 30, 2026.
