regulatory
confidence high
sentiment negative
materiality 0.75
AIRWA INC. (YYAI): Nasdaq/NYSE listing notice — Connexa gets additional Nasdaq delisting notice for late FY 2023 10-K filing
AIRWA INC.
- Nasdaq letter dated Aug 2, 2023 cites failure to file Annual Report (10-K) by Apr 30, 2023 as new delisting basis.
- Company must submit views to Nasdaq Hearings Panel by Aug 9, 2023; intends to file 10-K.
- Already facing delisting for stockholders' equity below $2.5M (as of Jan 31, 2023) and bid price below $1.
- Panel previously extended bid price compliance deadline to Oct 9, 2023; no assurance of continued listing.