Maxeon Solar Technologies Regains Compliance With Nasdaq Listing Rules
Portfolio Pulse from Benzinga Newsdesk
Maxeon Solar Technologies has regained compliance with Nasdaq Listing Rule 5250(c)(1) after filing its 2023 Annual Report. The company had previously received a notice of non-compliance due to a delayed filing.
May 31, 2024 | 12:10 pm
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Maxeon Solar Technologies has regained compliance with Nasdaq Listing Rule 5250(c)(1) after filing its 2023 Annual Report. This resolves the non-compliance issue that arose from a delayed filing.
Regaining compliance with Nasdaq rules is a positive development for Maxeon Solar Technologies, as it removes the risk of delisting and restores investor confidence. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100