Charge Enterprises, Inc.: Nasdaq/NYSE listing notice — Nasdaq denies Charge Enterprises' extension request; stock to be delisted on Feb 29, 2024

Charge Enterprises, Inc.

Nasdaq denied Charge's 180-day extension request; stock closed below $0.10, triggering delisting under Listing Rule 5810(c)(3)(A)(iii).
Delisting and trading suspension effective at the opening of business on February 29, 2024. Company will not appeal.
Company anticipates its common stock will be quoted on the OTC Pink Market under symbol 'CRGE'.
Original non-compliance notice (Aug 22, 2023) for bid price below $1.00 for 30 consecutive business days.

Key facts

Extracted from this filing and checked against the source text.

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

Charge Enterprises, Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)(iii)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)(iii)

Exact text from the filing

ry 29, 2024. Nasdaq determined that the Company was not eligible for the Extension Request and reached its decision to commence delisting proceedings of the Common Stock because the closing bid price of the Common Stock has closed below $0.10 and may soon trigger delisting under Nasdaq Listing Rule 5810(c)(3)(A)(iii). The Company does not intend to appeal the staff’s determination and, accordingly, the Company expects that the Common Stock will be delisted. The Company announced that it anticipates that the Common Stock will be quoted on the OTC Pink Market under the symbol “CRGE.” 7.01. Regul

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Source: SEC EDGAR

accession 0001437749-24-005222

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