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MICT (MICT) Receives Nasdaq Non-Compliance Notice

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MICT Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1) regarding its Inability to File its Form 10-Q Due to the Impact of Strict COVID-19 Lockdown Restrictions in China on th

May 24, 2022 4:50 PM EDT

MONTVALE, N.J., May 24, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT) (MICT or the Company), today announced that it received written notice (the Notice) from the Listing Qualifications Department of the Nasdaq Stock Market (Nasdaq) notifying the Company that it was not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended March 31, 2022 (Q1 Form 10-Q).

The Notice has no immediate effect on the listing or trading of MICTs common stock on the... More