On March 21, Workhorse Group Got Written Notification From Nasdaq Granting Co's Request For 180-Day Extension To Regain Compliance
Portfolio Pulse from Benzinga Newsdesk
Workhorse Group received a 180-day extension from Nasdaq to regain compliance, according to an SEC filing on March 21.
March 22, 2024 | 8:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Workhorse Group has been granted a 180-day extension by Nasdaq to regain compliance, as per an SEC filing.
The extension from Nasdaq is a positive development for Workhorse Group, indicating that the company has more time to meet Nasdaq's listing requirements. This news could be seen positively by investors, potentially leading to a short-term increase in stock price as it reduces the immediate risk of delisting.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100