regulatory
confidence high
sentiment negative
materiality 0.75
MultiSensor AI Holdings, Inc. (MSAI): Nasdaq/NYSE listing notice — MultiSensor AI receives Nasdaq delisting notice for low market value of listed securities
MultiSensor AI Holdings, Inc.
- Received Nasdaq notice on Feb 13, 2024 for failing minimum $50M Market Value of Listed Securities (MVLS) requirement.
- Has 180 calendar days, until Aug 12, 2024, to regain compliance; MVLS must close at $50M+ for 10 consecutive days.
- Prior notice from Dec 20, 2023 cited non-compliance with minimum 1.1M unrestricted publicly held shares and 400 round lot holders.
- Company may transfer to Nasdaq Capital Market if eligible; no assurance of regaining compliance with any listing requirement.