Exela Technologies Inc. (XELA) shares plummeted by 41% on Thursday after Nasdaq announced the company’s imminent delisting. The move follows Exela’s failure to meet Nasdaq’s minimum market value requirement of $35 million. This news comes after the company’s efforts to regain compliance with Nasdaq’s listing requirements. Find out what this means for XELA shareholders.
Lilium NV (LILM) shares plummeted by 11% Monday morning after Nasdaq announced the impending delisting of its stock due to insolvency filings by its key German subsidiaries. The move comes after Lilium GmbH and Lilium eAircraft GmbH filed for self-administration proceedings in Germany, aiming for restructuring under court supervision. This news highlights the financial struggles faced by the electric air taxi company.
CNS Pharmaceuticals (CNSP) stock is skyrocketing after receiving a delisting notice from Nasdaq for failing to meet the minimum bid price requirement. Despite a temporary reprieve, the company faces an uphill battle to regain compliance, potentially leading to a delisting. This article explores the factors influencing the stock’s dramatic surge and the company’s uncertain future.
Village Farms International, Inc. (VFF) has received a notice from Nasdaq regarding its stock price falling below the minimum bid requirement. The company has 180 days to regain compliance, or face delisting from the Nasdaq Capital Market. Despite this challenge, Village Farms continues to demonstrate strong performance in the cannabis and greenhouse produce sectors, with significant growth in domestic branded recreational sales and an expanding footprint in key markets.
NewGenIvf Group Ltd. (NIVF) saw its stock price take a hit after receiving a noncompliance notification from Nasdaq for failing to meet the minimum bid price requirement. The company has until April 7 to regain compliance, but faces delisting if it fails to do so. This article explores the situation, how investors can access NIVF shares, and provides insights into the stock’s current performance.
Get ready to say goodbye to the adorable platformer LittleBigPlanet 3, as it’s being delisted from the PlayStation Store on October 31st. This means you only have a few weeks left to pick up this 2014 gem if you haven’t already. While current owners can still access the game, the delisting comes after a series of online server issues and the loss of user-generated content. If you’re looking for a Sackboy fix, consider checking out the 2020 spin-off ‘Sackboy: A Big Adventure’ instead.
Guardion Health Sciences Inc. (GHSI) is dissolving and delisting from the Nasdaq after announcing a plan of dissolution and liquidation. The company will sell its Viactiv® brand and distribute a liquidating dividend of approximately $3.25 per share, although the exact amount and timing are subject to change.
Momentus Inc. (MNTS) is facing potential delisting from Nasdaq due to non-compliance with minimum bid price requirements and late filings. The company also announced a preliminary approval of a derivative settlement involving corporate governance reforms.
The cannabis industry faced a wave of delistings in 2024 as companies grappled with financial instability, compliance issues, and a turbulent market. This article examines the situations of several key players, from those who successfully navigated the challenges to those who succumbed to restructuring. The analysis explores the underlying factors driving these delistings, including market competition and the impact of federal prohibition in the United States.
French telecommunications giant Orange announced plans to delist its American Depositary Shares (ADRs) from the New York Stock Exchange (NYSE) and deregister with the U.S. Securities and Exchange Commission (SEC). The move aims to simplify operations, with no impact on U.S. clients or its presence. Orange will continue its ADR program through the Over-The-Counter (OTC) market.
