other material
confidence high
sentiment negative
materiality 0.85
AIRWA INC. (YYAI): Nasdaq/NYSE listing notice — Connexa Sports receives additional Nasdaq delisting notice for late Form 10-Q filing
AIRWA INC.
- Nasdaq notified Connexa on Sept 18, 2023 that failure to file Q3 Form 10-Q (July 31, 2023) is an additional basis for delisting.
- Company must submit views to Nasdaq Hearings Panel by Sept 27, 2023; prior deficiencies include equity < $2.5M and bid price < $1.
- Previously, Nasdaq granted extension until Jan 22, 2024 for equity compliance and until Oct 9, 2023 for bid price compliance.
- No assurance company can regain compliance or maintain listing on Nasdaq.