other material
confidence high
sentiment negative
materiality 0.80
Empery Digital Inc. (EMPD): Nasdaq/NYSE listing notice — Volcon receives Nasdaq delisting notice for failure to meet $35M market value rule
Empery Digital Inc.
- On Jan 4, 2024, Nasdaq notified Volcon that it failed to maintain minimum $35M market value of listed securities (Rule 5550(b)(2)).
- Company had 180-day compliance period ending Jan 2, 2024, but did not regain compliance.
- Delisting notice also cites previously disclosed share price deficiencies.
- Listing remains on Nasdaq Capital Market pending a hearing before the Nasdaq Hearings Panel on March 26, 2024.