NWTN (NWTN) has released an update.
NWTN Inc. has received a deficiency notice from Nasdaq due to its Class B Ordinary Shares failing to meet the $1 minimum bid price requirement. The company has until April 16, 2025, to comply or face potential delisting, but it may qualify for an additional compliance period if necessary. NWTN plans to monitor the situation and explore options to meet Nasdaq’s listing criteria.
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