regulatory
confidence high
sentiment negative
materiality 0.90
micromobility.com Inc. (MCOM): Nasdaq/NYSE listing notice — Micromobility receives Nasdaq delisting notice for failure to maintain $35M market value of listed securities
micromobility.com Inc.
- Received additional Nasdaq delisting notice on Oct 31, 2023 for failing to maintain $35M market value of listed securities for 30 consecutive days.
- Company to submit views to Nasdaq hearings panel by Nov 7; panel may grant extension but no assurance.
- No immediate effect on listing or trading; warrants (MCOMW) would be concurrently delisted if common stock delisted.
- Company previously submitted compliance plan; monitoring options to regain compliance.