Empery Digital Inc. (EMPD): Nasdaq/NYSE listing notice — Volcon receives Nasdaq delisting notice; stock bid price below $0.10 for 10 days; hearing set for March 26, 2024

Empery Digital Inc.

Nasdaq notified Volcon that its common stock closed at $0.10 or less for ten consecutive trading days through Dec 22, 2023.
Delisting determination issued under Listing Rule 5810(c)(3)(A)(iii); suspension of trading initiated.
Company requested a hearing before Nasdaq Hearings Department, which stays the suspension pending decision.
Hearing scheduled for March 26, 2024.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Empery Digital Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5810(c)(3)(A)(iii), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5810(c)(3)(A)(iii), 5810(c)(3)(A)

Exact text from the filing

December 26, 2023, Volcon, Inc. (the “Company”) was notified by the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) that it had determined that the Company’s common stock had a closing bid price of $0.10 or less for ten consecutive trading days from December 11, 2023 through December 22, 2023. Pursuant to Listing Rule 5810(c)(3)(A)(iii), if during the 180-day compliance period provided by Listing Rule 5810(c)(3)(A), a listed security has a closing bid price of $0.10 or less for ten consecutive trading days, the Staff shall proceed with a Staff delisting de

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Empery Digital Inc. filing history →

Source: SEC EDGAR

accession 0001683168-24-000074

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