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Stock impact report

Cazoo Receives Non-compliance Notice from NYSE Regarding 20-F Filing Delinquency [Yahoo! Finance]

Cazoo Group Ltd Class A Ordinary Shares (CZOO) 
Company Research Source: Yahoo! Finance
receipt of a written notice (the "Notice") from the New York Stock Exchange (the "NYSE") on May 16, 2024 stating that the Company is not in compliance with the NYSE continued listing standards set forth in Section 802.01E of the NYSE Listed Company Manual, which requires timely filing of all required periodic reports with the Securities and Exchange Commission (the "SEC"), because of the Company's failure to timely file its Form 20-F for the fiscal year ended December 31, 2023 (the "2023 Form 20-F"). As previously disclosed on May 1, 2024, Cazoo was unable to file its 2023 Form 20-F on or before the prescribed filing date without unreasonable effort or expense. As a result of the significant amount of time devoted by management to pursue strategic initiatives, and the Company's pivot to the marketplace model, which has also required a dedication of the Company's limited personnel and resources, and because of our liquidity concerns whereby we would not be able to demonstrate our abi Show less Read more
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