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Stock impact report

Mondee Announces Receipt of Nasdaq Delist Determination Notice

Mondee Holdings, Inc. - Class A (MOND) 
Company Research Source: GlobeNewswire
AUSTIN, Texas, Dec. 01, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading travel marketplace and artificial intelligence (AI) technology company, announced today that the Company received a letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) issuing a Staff determination (the “Staff Determination”) on November 27, 2024 after the Company informed the Staff that it would not contest a delisting of its Common Stock. The Staff Determination noted that based on Staff’s review and the Form 8-K filed on November 26, 2024 (the “Form 8-K”), they have determined to delist the Company’s securities from The Nasdaq Stock Market. The Form 8-K stated that, “On November 25, 2024, the Company’s Board of Directors (the “Board”) determined that the Company does not plan to submit a plan to regain compliance with NASDAQ rules and does not plan to appeal NASDAQ’s subsequent delisting of its Comm Show less Read more
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