Nauticus Robotics Announces Notification Of NASDAQ Listing Extension, Will Continue To Work Through Its Plan With Intent To Resolve All Compliance Issues Before The Deadline Of December 31, 2024
Portfolio Pulse from Benzinga Newsdesk
Nauticus Robotics Inc. (NASDAQ:KITT) has received an extension from Nasdaq to regain compliance with listing standards by December 31, 2024. The company plans to resolve all compliance issues before the deadline.
September 19, 2024 | 9:35 pm
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Nauticus Robotics has been granted an extension by Nasdaq to meet compliance standards by December 31, 2024. This extension allows the company to remain listed while it works on resolving compliance issues.
The extension from Nasdaq is a positive development for Nauticus Robotics as it allows the company more time to address compliance issues, reducing immediate delisting risk. This should provide some short-term stability to the stock price.
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