Crown LNG Holdings Ltd. faces potential delisting from the Nasdaq Stock Market due to its securities closing at or below $0.10 per share for ten consecutive days, from May 15 to May 29, 2025. Additionally, the company has not filed its Form 20-F for the period ended December 31, 2024. As a result, Nasdaq has requested Crown LNG to submit a plan to regain compliance by July 18, 2025. The company must address these concerns before a Hearings Panel if it wishes to appeal Nasdaq's determination.
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