regulatory
confidence high
sentiment negative
materiality 0.75
Solidion receives two Nasdaq deficiency notices for market value rules
Solidion Technology Inc.
- MVPHS below $15M for 30 consecutive business days as of Aug 27, 2024.
- MVLS below $50M for 30 consecutive business days as of Aug 27, 2024.
- Company has until Feb 24, 2025 to regain compliance for both rules.
- No immediate effect on listing; company may consider options to regain compliance.
- Failure to cure could lead to delisting with possible appeal to Nasdaq panel.