COMSovereign Holding Corp.: Nasdaq/NYSE listing notice — COMSovereign delisted from Nasdaq effective Jan 31, 2024; now trades on OTC Pink

COMSovereign Holding Corp.

Received Nasdaq delisting notice on Jan 29, 2024; effective Jan 31, 2024.
Reason: failure to meet minimum stockholders' equity of $2.5M per Rule 5550(b)(1).
Common stock (COMS) and warrants (COMSW) began trading on OTC Pink Market on Jan 31, 2024.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

COMSovereign Holding Corp. received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

January 29, 2024, COMSovereign Holding Corp. (the “Company”) received written notice from the Nasdaq Hearing Panel (the “Panel”) notifying the Company that the Panel had determined to delist the Company’s common stock and warrants from The Nasdaq Capital Market effective on January 31, 2024. The Company did not meet the minimum stockholders’ equity requirement of $2,500,000 as set forth in Nasdaq Listing Rule 5550(b)(1). As a result of the delisting, the Company’s common stock and warrants began trading on the OTC Pink Market on January 31, 2024. Forward-Looking Statements This Current Report

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Source: SEC EDGAR

accession 0001213900-24-009624

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