Form 8-K Microvast Holdings, Inc. For: Sep 27
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Microvast Holdings (MVST) Granted Additional 180 Days to Regain Nasdaq Compliance
September 27, 2024 8:10 AM EDTOn September 26, 2024, Microvast Holdings (NASDAQ: MVST) received a notification letter from the Nasdaq Listing Qualifications Department (the Staff) of The Nasdaq Stock Market LLC (Nasdaq) notifying the Company that it had been granted an additional 180 days, or until March 24, 2025, to regain compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market under Nasdaq Marketplace Rule 5550(a)(2), requiring a minimum bid price of $1.00 per share (the Minimum Bid Price Requirement), based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for... More
