regulatory
confidence high
sentiment negative
materiality 0.70
AERWINS Technologies Inc.: Nasdaq/NYSE listing notice — AERWINS receives Nasdaq delisting notice for bid price non-compliance
AERWINS Technologies Inc.
- Nasdaq notice on April 20, 2023 for failing $1.00 minimum bid price over 30 consecutive business days.
- Company has 180 calendar days, until October 17, 2023, to regain compliance.
- Can regain compliance if bid price closes at or above $1.00 for 10 consecutive business days.
- If not cured, may qualify for additional 180 days if meets other initial listing standards and intends reverse split.
- No immediate effect on listing or trading of common stock (AWIN) or warrants (AWINW).