Advent Technologies faces Nasdaq delisting over negative stockholders' equity of $2.9M

ADVENT TECHNOLOGIES HOLDINGS, INC.

Nasdaq notified Advent on Oct 18, 2024 that stockholders' equity of ($2,879,000) fails the minimum $2.5M requirement.
Company has 45 calendar days to submit a plan to regain compliance with Nasdaq.
If plan is accepted, Nasdaq may grant up to 180 additional days to evidence compliance.
Non-compliance also considers alternatives of market value of listed securities or net income from continuing operations.

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