Kaixin Holdings Announces Receipt of Nasdaq Letter Regarding Regaining Compliance with Minimum Bid Price Requirement [Yahoo! Finance]
Kaixin Holdings - Ordinary Shares (KXIN)
Company Research
Source: Yahoo! Finance
notification letter dated November 12, 2024 from the Hearing Panel of the Nasdaq Stock Market (the “Hearing Panel”), notifying Kaixin that the Company has regained compliance with the minimum bid price requirement in Listing Rule 5550(a)(2) (the “Bid Price Rule”), as required by the Hearing Panel's decision dated September 12, 2024. In application of Listing Rule 5815(d)(4)(B), the Company will be subject to a Mandatory Panel Monitor for a period of one year from the date of the notification letter. If, within that one-year monitoring period, the Nasdaq Staff finds the Company again out of compliance with the Bid Price Rule that was the subject of the exception, notwithstanding Rule 5810(c)(2), the Company will not be permitted to provide the Staff with a plan of compliance with respect to that deficiency and Staff will not be permitted to grant additional time for the Company to regain compliance with respect to that deficiency, nor will the company be afforded an applicable cure o
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- Kaixin Holdings Explores Strategic Alternatives with Potential Acquisition in Crypto Mining SectorGlobeNewswire
- Kaixin Holdings Announces Receipt of Nasdaq Letter Regarding Regaining Compliance with Minimum Bid Price RequirementGlobeNewswire
- Kaixin Holdings to execute 1-for-60 share consolidation [Seeking Alpha]Seeking Alpha
- Kaixin Holdings Announces Share ConsolidationGlobeNewswire
- Kaixin Holdings First Half 2024 Earnings: US$0.10 loss per share (vs US$0.29 loss in 1H 2023) [Yahoo! Finance]Yahoo! Finance
KXIN
Sec Filings
- 11/14/24 - Form 424B5
- 11/14/24 - Form 6-K
- 10/15/24 - Form S-8
- KXIN's page on the SEC website