Nasdaq Warns Abpro Holdings of Possible Delisting Over Board Compliance Lapses

Reuters
11 hours ago
Nasdaq Warns Abpro Holdings of Possible Delisting Over Board Compliance Lapses

Abpro Holdings Inc. is facing potential delisting from the Nasdaq Stock Market due to noncompliance with several Nasdaq Listing Rules following the recent resignations of two board members. The company no longer meets requirements for board and committee independence, including rules mandating a majority of independent directors and minimum independent membership on the audit and compensation committees. While the company’s stock remains listed for now, the Nasdaq Hearings Panel will consider these deficiencies in its ongoing review of Abpro’s continued listing. The company is working to appoint qualified independent directors to restore compliance within the required timeframes.

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