Carbon Revolution (CREV) Receives Nasdaq Non-compliance Notice

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Carbon Revolution Announces Receipt of Non-Compliance Letter from Nasdaq

June 3, 2025 4:15 PM EDT

GEELONG, Australia, June 03, 2025 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the Company), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that the Company has received a notification letter (the Letter) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (Nasdaq) notifying the Company that, based upon the Company's annual report on Form 20-F for the fiscal year ended June 30, 2024 which was filed with the Securities and Exchange Commission on May 14, 2025, the Company is not in compliance with the minimum stockholders equity requirement... More