NWTN Inc. Faces Potential Nasdaq Delisting; Appeals Delisting Determination and Seeks to Maintain Trading Amid Compliance Efforts

Reuters
05-29
NWTN Inc. Faces Potential Nasdaq Delisting; Appeals Delisting Determination and Seeks to Maintain Trading Amid Compliance Efforts

NWTN Inc., a Dubai-based Intelligent New Energy Vehicles and smart technology company, has received a delisting determination from Nasdaq due to its failure to file its Annual Report for the fiscal year ended December 31, 2024. The company's securities are set to be delisted unless an appeal is requested by May 28, 2025. NWTN Inc. has requested a hearing to appeal the delisting decision and seeks an extended stay of the trading suspension until a decision is made. Trading of the company's shares and warrants may be suspended at the opening of business on May 30, 2025, pending the outcome of the appeal.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NWTN Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9459597-en) on May 28, 2025, and is solely responsible for the information contained therein.

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