Fast Radius, Inc.: Nasdaq/NYSE listing notice — Fast Radius receives Nasdaq delisting notice due to Chapter 11 filing; trading to OTC Nov 18

Fast Radius, Inc.

Delisting notice received Nov 9 due to Chapter 11 filing on Nov 7; Nasdaq cited inability to sustain listing requirements.
Trading suspended at opening on Nov 18; securities will move to OTC Pink Sheets effective that date.
Common stock (FSRD) and warrants (FSRDW) will trade under new symbols FSRDQ and FSRDWQ on OTC.
Company had also been non-compliant with Nasdaq minimum $1.00 bid price requirement since June 2022.
Company cautions trading during bankruptcy is highly speculative and holders may receive no value.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Fast Radius, Inc. received a nasdaq delisting notice notice regarding other (rules 5101, 5110(b), IM-5101-1).

Exchange: nasdaq
Notice: delisting notice
Rules: 5101, 5110(b), IM-5101-1

Exact text from the filing

November 9, 2022, the Company received written notice (the “Delisting Notice”) from the staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, as a result of the Bankruptcy Petitions and in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, the staff of Nasdaq had determined that the Company’s common stock and warrants to purchase common stock (the “Securities”) will be delisted from Nasdaq. In addition, as previously disclosed, on June 9, 2022, the Company received written notice (the “Bid Price Notice”) from Nasdaq notifying the Company that it was not in

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Source: SEC EDGAR

accession 0000950170-22-024973

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