regulatory
confidence high
sentiment negative
materiality 0.65
Thunder Power receives Nasdaq delisting notices for bid price and market value
Thunder Power Holdings, Inc.
- Common stock closing bid price below $1.00 for 30 consecutive business days.
- Market value of listed securities below $50M for 30 consecutive business days.
- Compliance period runs until March 3, 2025; must meet both standards for 10 consecutive days.
- Possible remedies include reverse stock split or transfer to Nasdaq Capital Market.
- No immediate effect on listing; Company intends to monitor and consider options.