regulatory
confidence high
sentiment negative
materiality 0.60
ADDENTAX GROUP CORP. (ATXG): Nasdaq/NYSE listing notice — ATXG receives Nasdaq delisting notice for failure to hold annual meeting
ADDENTAX GROUP CORP.
- Nasdaq notified ATXG on April 1, 2024 for missing annual meeting within 12 months of FYE, violating Rule 5620(a).
- Company has 45 days to submit a compliance plan; if accepted, exception until Sept 27, 2024 to regain compliance.
- Intends to submit plan to hold annual meeting; shares continue trading pending plan evaluation.