View, Inc.: Nasdaq/NYSE listing notice — View receives Nasdaq notice for stockholders' equity below $10M; risk of delisting

View, Inc.

Nasdaq notified View on Nov 21, 2023 that stockholders' equity fell below $10M, failing Rule 5450(b)(1)(A).
Company has until Jan 5, 2024 to submit a plan to regain compliance; possible 180-day extension.
If plan rejected, View can appeal to Hearings Panel; failure leads to delisting of VIEW and VIEWW.
View is reviewing options but cannot assure regaining compliance with Nasdaq listing standards.

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

View, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5450(b)(1)(A), 5450(b)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: stockholders equity
Rules: 5450(b)(1)(A), 5450(b)

Exact text from the filing

November 21, 2023, View, Inc. (the “Company”) received a notice (the “Notice”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company no longer complies with the minimum stockholders’ equity requirement under Nasdaq Listing Rule 5450(b)(1)(A) for continued listing on The Nasdaq Global Market, because the Company’s stockholders’ equity, as reported in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, has fallen below $10 million. The Notice also indicates that the Company does not meet the alternative complian

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Source: SEC EDGAR

accession 0001193125-23-284292

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