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WM Technology, Inc. Announces Notification of Delinquency with Nasdaq

Retrieved on: 
Tuesday, April 9, 2024

WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), announced it received an expected delinquency notification letter from Nasdaq’s Listing Qualifications Department on April 2, 2024 which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company’s failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2023 (“Annual Report”).

Key Points: 
  • WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), announced it received an expected delinquency notification letter from Nasdaq’s Listing Qualifications Department on April 2, 2024 which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company’s failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2023 (“Annual Report”).
  • The Nasdaq listing rules require listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the "SEC").
  • This notification has no immediate effect on the listing of the Company’s securities on Nasdaq.
  • If accepted, Nasdaq can grant an exception of up to 180 calendar days from the original due date of the Annual Report, or until September 30, 2024, to regain compliance.

Victory Capital Reports March 2024 Total Client Assets

Retrieved on: 
Tuesday, April 9, 2024

2Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets.

Key Points: 
  • 2Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets.
  • 5Represents only ETF assets held by third parties and excludes ETF assets held by other Victory Capital products.
  • These assets are included as part of Victory’s Regulatory Assets Under Management reported in Form ADV Part 1.
  • Victory Capital will report first-quarter 2024 financial results after the market closes on Thursday, May 9, 2024.

Skillz Receives NYSE Notice Regarding Late Form 10-K Filing

Retrieved on: 
Monday, April 8, 2024

The NYSE Notice has no immediate effect on the listing of the Company’s common stock on the NYSE.

Key Points: 
  • The NYSE Notice has no immediate effect on the listing of the Company’s common stock on the NYSE.
  • The NYSE Notice informed the Company that, under NYSE rules, the Company has six months from March 15, 2024 to regain compliance with the NYSE listing standards by filing the Form 10-K with the SEC.
  • The NYSE Notice also notes that the NYSE may nevertheless commence delisting proceedings at any time if it deems that the circumstances warrant.
  • The Company is working diligently to complete the necessary work to file the Form 10-K as soon as practicable and currently expects to file the Form 10-K within the six-month period granted by the NYSE Notice; however, there can be no assurance that the Form 10-K will be filed within such period.

Expro Report Highlights Progress Unlocking Energy Answers of Tomorrow

Retrieved on: 
Monday, April 8, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240408728712/en/
    Headshot of Mike Jardon, Chief Executive Officer of Expro.
  • Mike Jardon, Chief Executive Officer of Expro, said: “In an ever-evolving energy landscape, Expro remains steadfast in our commitment to driving positive change.
  • Advancing the Expro Portfolio with Sustainable Energy Solutions: Expro took large strides forward in its work within the areas of Geothermal and CCUS, adapting the company’s solutions across three emerging markets.
  • For more information, please visit: www.expro.com and connect with Expro on X (formerly Twitter) @ExproGroup and LinkedIn @Expro.

Luna Innovations Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K

Retrieved on: 
Monday, April 8, 2024

This Notice has no immediate effect on the listing of the Company's shares on Nasdaq.

Key Points: 
  • This Notice has no immediate effect on the listing of the Company's shares on Nasdaq.
  • However, if the Company fails to timely regain compliance with the Rule, the Company's common stock will be subject to delisting from Nasdaq.
  • The Notice provides that the Company has 60 calendar days, or until June 30, 2024, to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule.
  • The Company is working diligently to complete its Form 10-K and will provide an update once more information is available.

Stepan to Announce First Quarter 2024 Results on April 30, 2024

Retrieved on: 
Tuesday, April 9, 2024

NORTHBROOK, Ill., April 9, 2024 /PRNewswire/ -- Stepan Company (NYSE: SCL) will issue its first quarter 2024 earnings results on Tuesday, April 30, 2024 at approximately 7:00 a.m.

Key Points: 
  • NORTHBROOK, Ill., April 9, 2024 /PRNewswire/ -- Stepan Company (NYSE: SCL) will issue its first quarter 2024 earnings results on Tuesday, April 30, 2024 at approximately 7:00 a.m.
  • Stepan Company is a major manufacturer of specialty and intermediate chemicals used in a broad range of industries.
  • Headquartered in Northbrook, Illinois, Stepan utilizes a network of modern production facilities located in North and South America, Europe and Asia.
  • As a result, Stepan Company's actual financial results, performance, achievements or prospects may differ materially from those expressed or implied by these forward-looking statements.

Enviva Receives NYSE Notice Regarding Delayed Form 10-K Filing

Retrieved on: 
Monday, April 8, 2024

The NYSE Notice has no immediate effect on the listing of the Company's common stock on the NYSE.

Key Points: 
  • The NYSE Notice has no immediate effect on the listing of the Company's common stock on the NYSE.
  • The NYSE informed the Company that, under the NYSE's rules, the Company will have six months from April 1, 2024 to file the Form 10-K with the SEC.
  • The Company can regain compliance with the NYSE listing standards by filing the Form 10-K with the SEC before such date.
  • The Company is working diligently to complete the necessary work to file the Form 10-K as soon as practicable and currently expects to file the Form 10-K within the six-month period granted by the NYSE Notice; however, there can be no assurance that the Form 10-K will be filed within such period.

U.S. Securities and Exchange Commission Establishes Momentus Stable Road Fair Fund

Retrieved on: 
Friday, April 5, 2024

The purpose of this Plan Notice is to inform you that you may be eligible to share in the proceeds of the Momentus Stable Road Fair Fund described herein.

Key Points: 
  • The purpose of this Plan Notice is to inform you that you may be eligible to share in the proceeds of the Momentus Stable Road Fair Fund described herein.
  • To be potentially eligible to share in the Momentus Stable Road Fair Fund, you must file a Claim Form in accordance with the steps set forth in this Plan Notice and in the Plan of Distribution (the "Plan") approved by the Securities and Exchange Commission ("SEC" or "Commission").
  • To qualify for a payment from the Momentus Stable Road Fair Fund, you must satisfy certain eligibility criteria that are described in detail in the Plan.
  • Additional Claim Forms and Plan Notices may also be downloaded at the Momentus Stable Road Fair Fund's website.

LOBO EV Technologies Ltd. Announces Closing of Initial Public Offering

Retrieved on: 
Monday, March 25, 2024

WUXI, China, March 25, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative electric vehicle manufacturer and seller, today announced the closing of its initial public offering of 1,380,000 ordinary shares, at an initial public offering price of $4.00 per share.

Key Points: 
  • WUXI, China, March 25, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative electric vehicle manufacturer and seller, today announced the closing of its initial public offering of 1,380,000 ordinary shares, at an initial public offering price of $4.00 per share.
  • Gross proceeds of the offering, prior to deducting underwriting discounts, commissions and offering expenses payable by the Company, were approximately $5.5 million.
  • In addition, LOBO has granted the underwriters a 45-day option to purchase an additional 207,000 ordinary shares at the initial public offering price, less underwriting discounts and commissions, to cover over-allotments.
  • 333-270499) relating to the offering has been filed with the U.S. Securities and Exchange Commission (the “SEC”), which was declared effective on March 20, 2024.

Golden Sun Health Technology Group Limited Announces Receipt of Nasdaq Delisting Determination and Plan to Appeal

Retrieved on: 
Monday, March 25, 2024

According to the Letter, the Company had not regained compliance with the Minimum Bid Requirement as of March 20, 2024 and is not eligible for a second 180-day period.

Key Points: 
  • According to the Letter, the Company had not regained compliance with the Minimum Bid Requirement as of March 20, 2024 and is not eligible for a second 180-day period.
  • Specifically, the Company does not comply with the initial listing requirement of $5,000,000 minimum stockholders’ equity for The Nasdaq Capital Market, as contemplated for a second 180-day period.
  • The Company plans to appeal the Determination to the Panel in due course.
  • A hearing request will stay the suspension of the Company’s securities and the filing of Form 25-NSE pending the Panel’s decision.