AERWINS Technologies Inc.: Nasdaq/NYSE listing notice — Nasdaq issues delisting determination to AERWINS Technologies for continued listing noncompliance

AERWINS Technologies Inc.

Received Delisting Determination Letter on Dec 6, 2023, for failing to regain compliance with market value of listed securities (minimum $50M).
Company also remains noncompliant with minimum bid price ($1.00) and minimum market value of publicly held shares ($15M) requirements.
Hearing before Nasdaq Panel requested; delisting is automatically stayed pending hearing and any extension granted.
Company will present a compliance plan at the hearing, but there is no assurance the Panel will grant continued listing.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.82

AERWINS Technologies Inc. received a nasdaq compliance regained notice regarding late filing (rules 5450(b)(2)(A), 5810(c)(3)(C), 5450(b)(2)(C), 5810(c)(3)(D), 5450(a)(1), 5250(c)(1), 5810(d)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: late filing
Rules: 5450(b)(2)(A), 5810(c)(3)(C), 5450(b)(2)(C), 5810(c)(3)(D), 5450(a)(1), 5250(c)(1), 5810(d)

Exact text from the filing

December 5, 2023, to regain compliance with the MVLS Requirement. As of the date of this Current Report on Form 8-K, the Company remains out of compliance with the MVLS Requirement. As previously disclosed on a Current Report on Form 8-K filed with the SEC on September 13, 2023, on September 8, 2023, the Company also received a deficiency letter from Nasdaq notifying the Company that the listing of its common stock was not in compliance with the minimum Market Value of Publicly Held Shares (the “MVPHS”) requirement set forth in Nasdaq Listing Rule 5450(b)(2)(C) for continued listing on Nasdaq.

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001493152-23-044537

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.