Missfresh Reveals Receipt Of Nasdaq Notification Regarding Delisting; Company To Request Hearing
Portfolio Pulse from Benzinga Newsdesk
Missfresh has received a Nasdaq notification regarding delisting due to filing delinquency. The company plans to request a hearing before the Panel and a further stay of any suspension action pending the conclusion of the hearing process.

June 12, 2023 | 9:03 pm
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Missfresh faces potential delisting from Nasdaq due to filing delinquency, which could negatively impact its stock price.
Missfresh has received a Nasdaq notification regarding delisting due to filing delinquency. This news could negatively impact the company's stock price as investors may perceive it as a sign of financial instability or mismanagement. The company's plan to request a hearing and stay of suspension action may provide some relief, but the uncertainty surrounding the outcome could still weigh on the stock price in the short term.
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