Notification

SAGALIAM ACQUISITION CORP. ANNOUNCES DELISTING OF COMMON SHARES FROM NASDAQ

Retrieved on: 
Thursday, March 7, 2024
Form 10-Q, Acquisition, Corporate finance, File, Calendar, Disclosure, Form, Letter, Audit committee, Business analyst, Notification, Bank statement, Failure, Cryptocurrency

New York, NY, March 07, 2024 (GLOBE NEWSWIRE) -- Sagaliam Acquisition Corp. (NASDAQ: “SAGAU”, “SAGA”, SAGAR”) (the “Company”) received a Nasdaq Hearing Withdrawal letter (“Notice”) from the Listing Qualifications staff of the Nasdaq Stock Market LLC (“Nasdaq”) on March 6, 2024.

Key Points: 
  • New York, NY, March 07, 2024 (GLOBE NEWSWIRE) -- Sagaliam Acquisition Corp. (NASDAQ: “SAGAU”, “SAGA”, SAGAR”) (the “Company”) received a Nasdaq Hearing Withdrawal letter (“Notice”) from the Listing Qualifications staff of the Nasdaq Stock Market LLC (“Nasdaq”) on March 6, 2024.
  • On November 27, 2023, the Company filed its delinquent Form 10-Q for the period ended March 31, 2023, disclosing total shares outstanding of 49,346,337.
  • At the time of the acquisition, the Company’s total shares outstanding was 1,471,337 shares.
  • Nasdaq will file a Form 25 Notification of Delisting with the U.S. Securities and Exchange Commission when all internal procedural periods have run.

Tingo Group, Inc. to File Form 25 to Voluntarily Delist its Common Stock from the Nasdaq Stock Market

Retrieved on: 
Tuesday, February 20, 2024
Investigation, Letter, News, TIO, Disclosure, Form, Notification, Commission, Bank statement, Cryptocurrency

MONTVALE, N.J., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”) today announced that the Company intends to voluntarily terminate the listing of its common stock on the Nasdaq Stock Market (“Nasdaq”).

Key Points: 
  • MONTVALE, N.J., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”) today announced that the Company intends to voluntarily terminate the listing of its common stock on the Nasdaq Stock Market (“Nasdaq”).
  • The Company’s audit committee reduced to two members on December 20, 2023, following the resignation of Mr. Jamal Khurshid.
  • Having carefully considered the above non-compliance matters together with other factors, and consulted with Nasdaq, the Company’s Board of Directors (the “Board”) has decided it is in shareholders’ best interests to file Form 25 and voluntarily delist from Nasdaq.
  • Once the investigation has been completed, and any appropriate actions taken, the Company will consider reapplying for a listing on Nasdaq or another major stock exchange.

Evaxion Regains Compliance with Nasdaq Minimum Bid Price Requirement

Retrieved on: 
Wednesday, February 7, 2024
Letter, Notification

COPENHAGEN, Denmark, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Evaxion Biotech A/S (NASDAQ: EVAX) (“Evaxion” or the “Company”), a clinical-stage TechBio company specializing in developing AI-Immunology™ powered vaccines, today announced that on February 05, 2024, it received a Notification Letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company had regained compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2).

Key Points: 
  • COPENHAGEN, Denmark, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Evaxion Biotech A/S (NASDAQ: EVAX) (“Evaxion” or the “Company”), a clinical-stage TechBio company specializing in developing AI-Immunology™ powered vaccines, today announced that on February 05, 2024, it received a Notification Letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company had regained compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2).
  • The Notification Letter confirmed that the closing bid price of the Company’s American Depositary Shares has been at $1.00 per share or greater for ten consecutive business days from January 22, 2024, to February 02, 2024, and that the Company has regained compliance with the listing rules of the Nasdaq Capital Market.

China Liberal Education Holdings Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement

Retrieved on: 
Monday, February 5, 2024
Letter, Calendar, Failure, Notification, Cryptocurrency

BEIJING, Feb. 5, 2024 /PRNewswire/ -- China Liberal Education Holdings Limited ("China Liberal" or the "Company") (Nasdaq: CLEU), a China-based company that provides smart campus solutions and other educational services, today announced that the Company received a written notification (the "Notification Letter") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") on February 2, 2024,  informing the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and the matter is closed.

Key Points: 
  • BEIJING, Feb. 5, 2024 /PRNewswire/ -- China Liberal Education Holdings Limited ("China Liberal" or the "Company") (Nasdaq: CLEU), a China-based company that provides smart campus solutions and other educational services, today announced that the Company received a written notification (the "Notification Letter") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") on February 2, 2024,  informing the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and the matter is closed.
  • On September 26, 2023, the Company was notified by Nasdaq of its failure to maintain a minimum bid price of $1.00 per share for 30 consecutive business days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was provided 180 calendar days, or until March 25, 2024, to regain compliance.
  • The Notification Letter the Company received from Nasdaq on February 2, 2024 noted that the Company evidenced a closing bid price of its ordinary shares at or greater than the $1.00 per share minimum requirement for the last 10 consecutive business days, from January 19, 2024 to February 1, 2024.
  • Nasdaq stated that, accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2).

Utility, Inc. Unveils Major Advancements with POLARIS 7.0

Retrieved on: 
Wednesday, January 24, 2024
EOS, Utility, IP, GPS, AI, Mobile app, Volos, Communication, Integration, DOT, Computer-aided dispatch, Notification, ALPR, CAD, TITAN, POLARIS, Mobile phone

ATLANTA, Jan. 24, 2024 /PRNewswire/ -- Utility, Inc., a leader in technology development for frontline professions, is announcing the launch of POLARIS 7.0, the latest version of its cutting-edge cloud-based incident and evidence management platform. POLARIS 7.0 makes a significant leap forward in functionality, seamlessly connecting incident capture, situational awareness, evidence analysis and secure case sharing, all within a robust and unified platform.

Key Points: 
  • POLARIS 7.0 makes a significant leap forward in functionality, seamlessly connecting incident capture, situational awareness, evidence analysis and secure case sharing, all within a robust and unified platform.
  • Utility's commitment to revolutionary technology continues with the unveiling of POLARIS 7.0, bringing forth enhanced capabilities for observing, collecting, analyzing and sharing digital evidence, from advanced media editing and redaction to comprehensive in-field operational support.
  • Key features of POLARIS 7.0:
    Media Editing and Redaction: Users can now edit and redact media seamlessly, including content from body cameras, in-car video cameras, third-party sources, and citizen-provided evidence.
  • Mobile Application: Utility introduces a mobile application, empowering investigators to work on their cases directly through agency-provided mobile devices.

Pharmaceutical Compliance Audits: Adapting to Enhanced FDA Inspection Protocols, 2 Day Online Training Seminar

Retrieved on: 
Thursday, January 18, 2024
Letter, External, U.S. FDA, CGMP, US FDA, Internal, FDA, Notification, Audit

Factor US FDA compliance inspection emphasis into the company's audit preparedness and replicate key points for internal and supplier audits.

Key Points: 
  • Factor US FDA compliance inspection emphasis into the company's audit preparedness and replicate key points for internal and supplier audits.
  • Using the field tested techniques presented in this seminar, an internal and/or supplier audit can provide much the same early warnings as a real FDA compliance cGMP audit.
  • This seminar will provide test scripts and rationale for a 'model' for company internal and supplier audits.
  • It will describe a 'typical' US FDA inspection, and points to replicate with an internal audit or supplier audit.

Sidus Space Regains Compliance with Nasdaq Minimum Bid Requirements

Retrieved on: 
Wednesday, January 10, 2024
Data Management, Aerospace, Technology, Manufacturing, Other Communications, Communications, Satellite, Telecommunications, Internet, Engineering, Mobile, Wireless, Letter, Notification

Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service company, today announced that on January 8, 2024, the Company received a notification letter (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Capital Market notifying the Company that it had regained compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2) (the “Nasdaq Minimum Bid Price Requirement”).

Key Points: 
  • Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service company, today announced that on January 8, 2024, the Company received a notification letter (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Capital Market notifying the Company that it had regained compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2) (the “Nasdaq Minimum Bid Price Requirement”).
  • The Notification Letter confirmed that the Company evidenced a closing bid price at or greater than the $1.00 per ordinary share minimum requirement for 10 consecutive business days and that the Company has regained compliance with the Nasdaq Minimum Bid Price Requirement.
  • Pursuant to Listing Rule 5815(d)(4)(B), the Company will be subject to a Mandatory Panel Monitor for a period of one year until January 8, 2025.
  • As a result, the listing matter has been closed.

ReTo Receives Nasdaq Notification Regarding Minimum Stockholders' Equity Deficiency

Retrieved on: 
Saturday, January 6, 2024
Failure, Letter, Reto, Internet, Notification, Calendar, Vaccine

BEIJING, Jan. 5, 2024 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company"), a provider of technology solutions and operation services for intelligent ecological environments and internet of things technology development services in China and other countries, today announced that the Company received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") on December 28, 2023, notifying the Company that it is not in compliance with the Nasdaq Listing Rule 5550(b)(1) for continued listing due to its failure to maintain a minimum of $2.5 million in stockholders' equity.

Key Points: 
  • BEIJING, Jan. 5, 2024 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company"), a provider of technology solutions and operation services for intelligent ecological environments and internet of things technology development services in China and other countries, today announced that the Company received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") on December 28, 2023, notifying the Company that it is not in compliance with the Nasdaq Listing Rule 5550(b)(1) for continued listing due to its failure to maintain a minimum of $2.5 million in stockholders' equity.
  • In the Company's Form 6-K dated December 27, 2023, the Company reported a negative stockholders' equity of approximately $0.83 million as of June 30, 2023.
  • The Notification Letter does not impact the Company's listing on the Nasdaq Capital Market at this time.
  • The Company is looking into various options available to regain compliance and maintain its continued listing on the Nasdaq Capital Market.

JE Cleantech Holdings Limited Announces Receipt of NASDAQ Notification Regarding Minimum Bid Price Deficiency

Retrieved on: 
Tuesday, December 19, 2023
OTCQX, JE, Notification, Calendar, Cryptocurrency

SINGAPORE, Dec. 19, 2023 (GLOBE NEWSWIRE) -- JE Cleantech Holdings Limited (Nasdaq: JCSE), a manufacturer of a broad range of cleaning systems, announced that on December 14, 2023, it received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (the “Nasdaq Notification”).

Key Points: 
  • SINGAPORE, Dec. 19, 2023 (GLOBE NEWSWIRE) -- JE Cleantech Holdings Limited (Nasdaq: JCSE), a manufacturer of a broad range of cleaning systems, announced that on December 14, 2023, it received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (the “Nasdaq Notification”).
  • The Notification stated that the Company’s ordinary shares failed to maintain a minimum bid price of $1.00 over the last 30 consecutive business days as required by Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).
  • Receipt of the Nasdaq Notification does not result in the immediate delisting of the Company’s ordinary shares and has no immediate effect on the listing or the trading of the Company’s ordinary shares on the Nasdaq Capital Market under the symbol “JCSE”.
  • Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days from the date of the Nasdaq Notification, or until June 11, 2024, to regain compliance with the Minimum Bid Requirement.

SAGALIAM ACQUISITION CORP. ANNOUNCES RECEIPT OF NASDAQ DELISTING LETTER - UPDATED

Retrieved on: 
Tuesday, December 12, 2023
Failure, Business analyst, Audit committee, Acquisition, Form, File, Disclosure, Panel, Bank statement, Notification, Calendar, Letter, Form 10-Q, Security (finance), Corporate finance, Hearing, Cryptocurrency

New York, NY, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Sagaliam Acquisition Corp. (NASDAQ: “SAGAU”, “SAGA”, SAGAR”) (the “Company”) received a delisting notification letter (“Notice”) from the Listing Qualifications staff of the Nasdaq Stock Market LLC (“Nasdaq”) on December 5, 2023.

Key Points: 
  • New York, NY, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Sagaliam Acquisition Corp. (NASDAQ: “SAGAU”, “SAGA”, SAGAR”) (the “Company”) received a delisting notification letter (“Notice”) from the Listing Qualifications staff of the Nasdaq Stock Market LLC (“Nasdaq”) on December 5, 2023.
  • The Company intends to file an appeal, and take all possible steps to maintain its Nasdaq listing.
  • Accordingly, its securities will be delisted from The Nasdaq Global Market.
  • At the time of the acquisition, the Company’s total shares outstanding was 1,471,337 shares.