regulatory
confidence high
sentiment positive
materiality 0.85
Nasdaq Panel grants HWH International extension to transfer to Capital Market and regain compliance
HWH International Inc.
- MVPHS deficiency since Feb 22, 2024; failed to regain by Aug 20, 2024, leading to delisting notice.
- MVLS deficiency since Mar 7, 2024; failed to regain by Sep 3, 2024, also considered at hearing.
- On Oct 15, 2024, Company presented compliance plan; Panel granted extension on Oct 21, 2024.
- Extension allows phase-down to Nasdaq Capital Market; must demonstrate MVPHS and stockholders' equity compliance.
- Company is working to complete steps in compliance plan within the Panel's extension period.