regulatory
confidence high
sentiment negative
materiality 0.65
Arcimoto Inc: Nasdaq/NYSE listing notice — Arcimoto receives Nasdaq notice for late Q3 2023 10-Q filing
Arcimoto Inc
- Nasdaq notified Arcimoto on Nov 22, 2023 of non-compliance with Listing Rule 5250(c)(1) due to delayed 10-Q.
- Company must submit a plan to regain compliance by Jan 22, 2024 and file the 10-Q by May 20, 2024.
- No immediate effect on listing or trading of common stock (FUV) on Nasdaq Global Market.
- Further delays could impact listing; Arcimoto intends to file the delinquent 10-Q as soon as practicable.