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Stock impact report

SPI Energy Announces Receipt of Nasdaq Delist Determination Notice [Yahoo! Finance]

SPI Energy Co., Ltd. - Ordinary Shares (SPI) 
US:NYSE Investor Relations: investors.spisolar.com
Company Research Source: Yahoo! Finance
provider of solar storage solutions for business, residential, government, logistics and utility customers, today announced that it 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 19, 2024. The Staff Determination noted that since the Company has not yet filed its Form 10-Q for the period ended September 30, 2024, it no longer complies with Nasdaq Listing Rule 5250(c)(1) ("Rule") which requires the timely filing of all required periodic reports with the SEC. The Company has not regained compliance with the Rule. Accordingly, this matter serves as an additional basis for delisting the Company's securities from Nasdaq. All information addressing this matter must be included in the Company's prehearing submission to the Nasdaq Hearings Panel due November 26, 2024. This announcement is made in compliance with the Nasdaq Listing Rule 5810(b), which Show less Read more
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