NU RIDE INC. (NRDE): Nasdaq/NYSE listing notice — Lordstown Motors receives Nasdaq delisting notice after Chapter 11 filing; suspension July 7

NU RIDE INC.

Company filed voluntary Chapter 11 bankruptcy on June 27, 2023, in Delaware.
Filed litigation against Hon Hai (Foxconn) alleging actions caused material damage.
Nasdaq notified company on June 28 that stock will be delisted due to bankruptcy.
Trading of Class A common stock (RIDE) suspended at opening on July 7, 2023.
Company does not intend to appeal the delisting determination.

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 0.95

NU RIDE 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

June 28, 2023, the Company received written notice from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, as a result of the Chapter 11 Cases and in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, Nasdaq had determined that the Company’s Class A common stock, par value $0.0001 per share (the “Class A common stock”), will be delisted from the Nasdaq Global Select Market. The Company does not intend to appeal this determination. Trading of the Company’s Class A common stock will be suspended by Nasdaq at the opening of b

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NU RIDE INC. filing history →

Source: SEC EDGAR

accession 0001104659-23-076003

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