Sono Group Gets Notice Of Delisting From Nasdaq
Portfolio Pulse from Benzinga Newsdesk
Sono Group has received a notice of delisting from Nasdaq. The company has requested a hearing before the Nasdaq Hearings Panel to appeal the decision.
July 18, 2023 | 8:33 pm
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Sono Group, listed as SEV, faces potential delisting from Nasdaq, which could negatively impact its stock price.
Delisting from a major exchange like Nasdaq can negatively impact a company's stock price as it reduces the stock's liquidity and may undermine investor confidence. This news is highly relevant to SEV as it directly pertains to the company's listing status.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100