Volcon Inc. Faces Potential Delisting from Nasdaq Due to Non-Compliance with Minimum Bid Price Rule

Reuters

2025/05/17

<a href="https://laohu8.com/S/VLCN">Volcon Inc</a>. Faces Potential Delisting from Nasdaq Due to Non-Compliance with Minimum Bid Price Rule

Volcon Inc. is facing a regulatory challenge as announced in a recent disclosure. On May 13, 2025, the company received a deficiency letter from Nasdaq's Listing Qualifications Department, indicating that its common stock failed to meet the Nasdaq Listing Rule 5550(a)(2) requirement of maintaining a minimum closing bid price of $1.00 for 30 consecutive business days. Due to previous reverse stock splits, Volcon is not eligible for the usual compliance period to rectify this issue. If the company does not appeal by May 20, 2025, its stock is set to be delisted on May 22, 2025. Volcon plans to request a hearing to delay this action while seeking a resolution.

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. Volcon Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-25-003779), on May 16, 2025, and is solely responsible for the information contained therein.

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Faces Potential Delisting from Nasdaq Due to Non-Compliance with Minimum Bid Price Rule","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/VLCN\">Volcon Inc</a>. Faces Potential Delisting from Nasdaq Due to Non-Compliance with Minimum Bid Price Rule\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Volcon Inc. is facing a regulatory challenge as announced in a recent disclosure. On May 13, 2025, the company received a deficiency letter from Nasdaq's Listing Qualifications Department, indicating that its common stock failed to meet the Nasdaq Listing Rule 5550(a)(2) requirement of maintaining a minimum closing bid price of $1.00 for 30 consecutive business days. 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Faces Potential Delisting from Nasdaq Due to Non-Compliance with Minimum Bid Price Rule\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-17 04:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/VLCN\">Volcon Inc</a>. Faces Potential Delisting from Nasdaq Due to Non-Compliance with Minimum Bid Price Rule\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Volcon Inc. is facing a regulatory challenge as announced in a recent disclosure. On May 13, 2025, the company received a deficiency letter from Nasdaq's Listing Qualifications Department, indicating that its common stock failed to meet the Nasdaq Listing Rule 5550(a)(2) requirement of maintaining a minimum closing bid price of $1.00 for 30 consecutive business days. Due to previous reverse stock splits, Volcon is not eligible for the usual compliance period to rectify this issue. If the company does not appeal by May 20, 2025, its stock is set to be delisted on May 22, 2025. 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ID: 0001683168-25-003779), on May 16, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4091","symbol_name":"摩托車製造商","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250516:nNDLn9vgb:1","article_id":"2536340879","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536340879","pubTimestamp":1747425791,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Volcon Inc. is facing a regulatory challenge as announced in a recent disclosure. 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