Zoomcar Holdings, Inc. (ZCAR): Nasdaq/NYSE listing notice — Innovative International Acquisition Corp. schedules Nasdaq delisting hearing for March 14, 2024

Zoomcar Holdings, Inc.

Received Nasdaq notice on Nov 20, 2023 for failure to meet Market Value of Listed Securities Standard.
Company requested hearing; delisting stayed pending Panel decision.
Hearing scheduled for March 14, 2024; securities continue trading on Nasdaq.
Company will demonstrate ability to regain compliance at the hearing.

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

Zoomcar Holdings, Inc. received a nasdaq delisting notice notice regarding market value.

Exchange: nasdaq
Notice: delisting notice
Deficiency: market value

Exact text from the filing

November 20, 2023, Innovative International Acquisition Corp. (the “Company”), received a written notice (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, because the Company has not regained compliance with the Market Value of Listed Securities Standard (the “MVLS Rule”), the Company’s securities (units, ordinary shares and warrants) will be suspended from The Nasdaq Global Market unless the Company timely requests a hearing to appeal such decision before the Nasdaq Hearings Panel (the “Panel”). The Company has requested a hea

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Zoomcar Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-121898

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