Mynaric AG Receives Nasdaq Deficiency Notices for Listing Rule Non-compliance

Mynaric AG ( (DE:M0YN) ) just unveiled an announcement.

On January 15, 2025, Mynaric AG announced the receipt of deficiency letters from Nasdaq, highlighting non-compliance with certain listing rules, including failing to file an interim balance sheet and income statement on time and not holding an annual shareholder meeting within the required timeframe. Although this non-compliance does not immediately affect the trading of Mynaric’s shares, the company has been given deadlines to submit plans to regain compliance or risk potential delisting. Mynaric is exploring options to address these deficiencies and maintain its Nasdaq listing.

More about Mynaric AG

Mynaric AG is a leading provider in the industrial laser communications industry, specializing in optical communications terminals for air, space, and mobile applications. With a focus on enabling high data rates and secure, long-distance data transmission, the company operates in wireless terrestrial, mobility, airborne, and space-based sectors. Headquartered in Munich, Germany, Mynaric has additional locations in Los Angeles, California, and Washington, D.C.

YTD Price Performance: 12.22%

Average Trading Volume: 165

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $12.65M

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