micromobility.com Inc. (MCOM): Nasdaq/NYSE listing notice — micromobility.com receives Nasdaq delisting notice for failure to meet $35M market value requirement

micromobility.com Inc.

Nasdaq notified micromobility.com on May 2, 2023 of non-compliance with $35M minimum market value for Class A common stock and warrants.
Company has 180 days (until Oct 30, 2023) to regain compliance by achieving market value over $35M for 10 consecutive business days.
Failure to regain compliance could result in delisting of MCOM and MCOMW from Nasdaq.
Trading continues uninterrupted while company considers options to cure the deficiency.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

micromobility.com Inc. received a nasdaq deficiency notice notice regarding market value.

Exchange: nasdaq
Notice: deficiency notice
Deficiency: market value

Exact text from the filing

May 2, 2023, we received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) indicating we were not in compliance with their continued listing requirement that we maintain a market value for our shares of Class A Common Stock together with our publicly traded warrants in excess of $35 million. We have 180 days from receipt of such notice (until October 30, 2023) to remedy such non-compliance, unless such period is extended at Nasdaq’s discretion. To regain compliance, our Class A Common Stock together with our publicly traded warrants must be valued at ove

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micromobility.com Inc. filing history →

Source: SEC EDGAR

accession 0001553350-23-000293

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