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Stock impact report

EZGO Announces Receipt of Nasdaq Delisting Determination and Plan to Appeal [Yahoo! Finance]

EZGO Technologies Ltd. - Ordinary Shares (EZGO) 
Company Research Source: Yahoo! Finance
transportation solutions provider in China , today announced it received a delisting determination notice (the "Delisting Notice") from the Nasdaq Stock Market LLC ("Nasdaq") on March 26, 2024 As previously reported, on October 18, 2023 , the Company received a letter (the "Deficiency Notice") from the Listings Qualifications Department of Nasdaq notifying the Company that the minimum closing bid price per share for its ordinary shares, par value US$0.001 per share (the "Ordinary Shares"), was below for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement"). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided a period of 180 calendar days, or until April 15, 2024 , to regain compliance with the Minimum Bid Price Requirement. The Company received the Delisting Notice from Nasdaq notifying the Company that, as of March 26, Show less Read more
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