Electriq Power Reveals Receipt Of Continued Listing Standard Notice From NYSE
Portfolio Pulse from Benzinga Newsdesk
Electriq Power has received a notice from the NYSE regarding a continued listing standard issue. The company must address the issue to maintain its listing on the exchange. The specific standards not met were not disclosed in the article.
November 29, 2023 | 9:20 pm
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NEGATIVE IMPACT
Electriq Power has been notified by the NYSE of a continued listing standard issue, which could affect its stock listing status if not resolved.
Receiving a notice from the NYSE about a listing standard issue is a negative event as it puts the company at risk of being delisted if it fails to address the issue. This can lead to decreased investor confidence and a potential drop in stock price in the short term.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100