Movella Holdings Inc.: Nasdaq/NYSE listing notice — Movella: Q4 cash ~$42.2M (down from $47.3M in Sep); Nasdaq extends Q3 filing deadline to May 13, 2024

Movella Holdings Inc.

Preliminary cash and cash equivalents as of Dec 31, 2023: ~$42.2M, vs $14.3M a year ago and $47.3M at Sep 30, 2023.
Cash estimate is unaudited and subject to change upon completion of year-end financial closing procedures.
Nasdaq granted exception to file Q3 2023 10-Q by May 13, 2024 to regain compliance with Listing Rule 5250(c)(1).
Failure to file by deadline will trigger delisting; no immediate effect on listing of MVLA or MVLAW securities.

item 2.02 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 0.9

Movella Holdings Inc. received a nasdaq extension granted notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: extension granted
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

January 26, 2024, the Company received a notice (the “Notice”) from the Staff notifying the Company that it has been granted an exception to enable the Company to regain compliance with the Rule pursuant to the following terms: on or before May 13, 2024, the Company must file the Quarterly Report, as required by the Rule. In the event the Company does not satisfy the terms of the exception, the Staff will provide written notification that the Company’s securities will be delisted. The Notice has no immediate effect on the listing of the Company’s securities. There can be no assurance that the

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Source: SEC EDGAR

accession 0001628280-24-002580

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