View, Inc.: Nasdaq/NYSE listing notice — View receives Nasdaq delisting notice after compliance plan rejected; plans appeal

View, Inc.

Nasdaq Staff determined View's compliance plan does not evidence ability to meet equity standard; delist scheduled Feb 26, 2024.
Company intends to timely request a hearing before the Nasdaq Hearings Panel to stay suspension.
View had previously been notified of failure to satisfy $10M stockholders' equity requirement under Listing Rule 5450(b)(1).
No assurance Panel will grant continued listing or that compliance can be achieved within any extension.

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 delisting notice notice regarding stockholders equity (rules 5450(b)(1)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: stockholders equity
Rules: 5450(b)(1)

Exact text from the filing

January 26, 2024, the Staff notified the Company that it had determined that the Company’s Plan did not evidence the Company’s ability to achieve compliance with the Nasdaq continued listing requirements and therefore determined to delist the Company’s securities from Nasdaq. The Notice indicated that unless the Company appeals the delisting determination, which it intends to do, trading of the Company’s common stock will be suspended at the opening of business on February 26, 2024. The Company intends to timely request a hearing before the Nasdaq Hearings Panel (the “Panel”), which request wi

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Source: SEC EDGAR

accession 0001193125-24-021861

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