regulatory
confidence high
sentiment negative
materiality 0.70
ECD Automotive Design, Inc.: Nasdaq/NYSE listing notice — ECDA receives Nasdaq notice for failing $35M MVLS; 180-day cure period until Aug 25, 2025
ECD Automotive Design, Inc.
- Received Nasdaq notice on Feb 25, 2025 for failing minimum market value of listed securities ($35M) for 30 consecutive business days.
- Compliance period of 180 calendar days until August 25, 2025 to regain compliance by closing MVLS at $35M+ for 10 consecutive business days.
- If not regained, Nasdaq could delist common stock; Company has right to appeal any delisting determination.