regulatory
confidence high
sentiment negative
materiality 0.75
InterPrivate IV InfraTech Partners Inc.: Nasdaq/NYSE listing notice — InterPrivate IV InfraTech receives Nasdaq delisting notice for MVLS below $35M
InterPrivate IV InfraTech Partners Inc.
- Received Nasdaq notice on April 3, 2023 for MVLS below $35M for 30 consecutive business days.
- Has 180 days, until September 27, 2023, to regain compliance with Nasdaq Listing Rule 5550(b)(2).
- To regain compliance, MVLS must close at $35M or more for at least ten consecutive business days.
- Company may also seek compliance under the net income standard after filing its 2022 Form 10-K.
- No immediate effect on trading; common stock continues to trade on Nasdaq under symbol IPVI.