On Aug 21, Momentus Got Notice From Nasdaq That Co Was Not In Compliance With Requirements Of Nasdaq Listing Rule
Portfolio Pulse from Benzinga Newsdesk
Momentus received a notice from Nasdaq on August 21st for not complying with the Nasdaq listing rule requirements, as per an SEC filing.
August 27, 2024 | 4:43 pm
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Momentus has been notified by Nasdaq for non-compliance with listing requirements, which could lead to delisting if not addressed.
The notice from Nasdaq indicates that Momentus is not meeting certain listing requirements, which is a significant regulatory issue. This could lead to potential delisting if the company fails to comply, negatively impacting investor confidence and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100