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-0.166975194372455 -0.259533506108849 -0.339133654202147 -0.333580155497964 -0.526101443909663 -0.570159200296187 -0.543872639763051 -0.520547945205479
Stock impact report

Movella Announces Voluntary Delisting from Nasdaq

Movella Holdings Inc. (MVLA) 
Company Research Source: GlobeNewswire
HENDERSON, Nev., March 20, 2024 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella” or the “Company”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, announced today that it has notified the Nasdaq Stock Market LLC (“Nasdaq”) of its decision to voluntarily delist its shares of common stock, par value $0.00001 per share (the “Common Stock”) and its warrants exercisable for one share of Common Stock at an exercise price of $11.50 (the “Warrants”) from the Nasdaq Global Market. Movella intends to file a Form 25 with the Securities and Exchange Commission (the “SEC”) to remove its Common Stock and Warrants from listing on the Nasdaq Global Market on or about April 1, 2024 and deregister such securities under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and as a result, Movella expects that the last trading day of its Common Stock and Warrants on the Nasdaq Global Market Show less Read more
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