SRIVARU Holding Limited Secures Nasdaq Panel Approval For Continued Listing Amid Compliance Efforts; If Co Demonstrates Compliance With The Stockholders' Equity Standard By November 14, 2024, Panel Will Grant The Co Additional Time To Complete A Reverse Share Split
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SRIVARU Holding Limited has received approval from the Nasdaq Panel for continued listing, contingent on meeting specific compliance requirements by November 14, 2024. The company must demonstrate compliance with stockholders' equity standards and may need to complete a reverse share split.
September 19, 2024 | 3:57 pm
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SRIVARU Holding Limited has been granted continued listing on Nasdaq, conditional on meeting compliance requirements by November 14, 2024. The company must meet stockholders' equity standards and may need a reverse share split.
The Nasdaq Panel's decision to allow SRIVARU continued listing is positive, as it provides time to meet compliance. Successful compliance could stabilize or increase stock price, while failure could lead to delisting risks.
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