Maxeon (MAXN) Regains Nasdaq Compliance

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) announced that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") in connection with the filing of its 2023 Annual Report on Form 20-F (the "Annual Report").

The Company received notice from The Nasdaq Stock Market on May 30, 2024 that it has regained compliance with the Listing Rule, which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission.

The Company received a standard notice of non-compliance on May 17, 2024, due to the delayed filing of its 2023 Annual Report.

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