EzFill Holdings (EZFL) just unveiled an update.
EzFill Holdings, Inc. has undertaken a series of strategic financial maneuvers, including stock purchase and exchange agreements with NextNRG Holding Corp. and AJB Capital Investments LLC, aiming to strengthen its balance sheet and regain compliance with Nasdaq’s minimum stockholders’ equity requirements. The company issued new preferred and common stock in exchange for promissory notes and announced the transactions through a press release. These actions were part of a broader plan to maintain its Nasdaq listing after receiving a non-compliance notification, submitting a compliance plan, and attending a Nasdaq Hearings Panel.
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