regulatory
confidence high
sentiment negative
materiality 0.80
HWH International receives Nasdaq delisting notice for MVPHS deficiency
HWH International Inc.
- Nasdaq notified HWH on Aug 27 that its securities will be delisted from the Nasdaq Global Market for failing to maintain minimum $15M market value of publicly held shares.
- HWH had 180 days until Aug 20, 2024 to regain compliance but did not; must request appeal by Sept 3, 2024.
- Company plans to appeal before the deadline and does not expect delisting during the appeal process.
- Original MVPHS deficiency notice was received on Feb 22, 2024.