DelistingMay 26, 2026, 06:07 AM
Nuvve receives Nasdaq delisting notice for late 10-Q filing
AI Summary
Nuvve Holding Corp. received a notice from Nasdaq on May 22, 2026, for non-compliance with Listing Rule 5250(c)(1) due to the late filing of its Q1 2026 Form 10-Q. This serves as an additional basis for delisting, as the company is already non-compliant with the $1.00 minimum bid price rule. Nuvve intends to request a stay of suspension by May 29, 2026, and is working to regain compliance to remain listed on Nasdaq.
Key Highlights
- Nuvve received a Nasdaq notice on May 22, 2026, for late filing of its Q1 2026 Form 10-Q.
- The company is non-compliant with Nasdaq Listing Rule 5250(c)(1) regarding periodic financial reports.
- This is an additional delisting basis, as Nuvve is already non-compliant with the $1.00 minimum bid price rule (Rule 5550(a)(2)).
- Nuvve has seven days, until May 29, 2026, to request a stay of suspension from Nasdaq.
- The company intends to timely request a stay and is working to regain compliance with Nasdaq requirements.
Price Impact
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