Phoenix Motor Inc. Receives Nasdaq Listing Delinquency Letter Due To Failure To File Timely 10-Q
Portfolio Pulse from Benzinga Newsdesk
Phoenix Motor Inc. has received a delinquency letter from Nasdaq due to its failure to file a timely 10-Q report. This could impact the company's stock listing status.
August 21, 2024 | 8:21 pm
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Phoenix Motor Inc. has received a delinquency letter from Nasdaq for not filing its 10-Q report on time, which could affect its listing status.
The failure to file a timely 10-Q report has led to a delinquency letter from Nasdaq, which could jeopardize Phoenix Motor Inc.'s listing status. This regulatory issue is likely to negatively impact investor confidence and the stock price in the short term.
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