regulatory
confidence high
sentiment negative
materiality 0.70
Momentus Inc. (MNTS): Nasdaq/NYSE listing notice — Momentus receives Nasdaq deficiency notice for failing to hold annual meeting
Momentus Inc.
- Received Nasdaq deficiency letter on Jan 3, 2024 for failure to hold annual meeting within 12 months of FYE Dec 31, 2022.
- Must submit compliance plan by Feb 20, 2024; if accepted, Nasdaq may grant up to 180-day extension.
- If plan rejected or not cured, company faces delisting from Nasdaq and expects OTC trading.
- Listing remains fully effective during cure period; no immediate impact on stock trading.