regulatory
confidence high
sentiment neutral
materiality 0.60
EUDA Health Holdings Ltd (EUDA): Nasdaq/NYSE listing notice — EUDA Health regains Nasdaq compliance on discounted share issuance; gets Aug 4 deadline for late filings
EUDA Health Holdings Ltd
- Nasdaq confirmed EUDA regained compliance with Listing Rule 5635(c) after CEO forfeited 271,867 shares to eliminate the discount on a $850,306 loan settlement.
- Nasdaq accepted EUDA's plan to file overdue 10-K (FY2022) and 10-Q (Q1 2023) by August 4, 2023 to avoid potential delisting.
- If EUDA fails to file by August 4, 2023, it may receive a delisting notice but can appeal to a Nasdaq Hearings Panel.