Heramba Electric (PITA) Receives Nasdaq Non-compliance Notice
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Heramba Electric plc Announces Receipt of Notice from Nasdaq Regarding the Minimum Market Value Requirement
March 25, 2025 4:07 PM EDTDÜSSELDORF, GERMANY AND ATLANTA, GA / ACCESS Newswire / March 25, 2025 / As previously disclosed, and pursuant to the terms and conditions set forth in the Share Purchase Agreement, dated as of July 25 and 26, 2023, by and among Heramba GmbH ("Heramba"), Heramba Holdings, Inc. ("Heramba Holdings"), Knorr-Bremse Systeme für Schienenfahrzeuge GmbH ("KB GmbH") and Knorr-Brake Holding Corporation ("KB US"), as amended pursuant to the Amendment Agreement to Share Purchase Agreement, dated as of January 31, 2024, on February 6, 2024, (i) KB GmbH, as sole shareholder of Kiepe Electric GmbH, sold and transferred 85% of the... More
