The latest announcement is out from AERWINS Technologies (AWIN).
AERWINS Technologies Inc. faces delisting from Nasdaq after failing to meet the compliance requirements set forth by the Nasdaq Hearings Panel. Despite efforts, the company could not adhere to the Listing Rules, leading to a suspension of trading in its common shares from June 18, 2024. The company has chosen not to appeal and is now considering strategic alternatives, including a sale or joint ventures, and is exploring options to trade on alternative markets. Amidst these challenges, Kiran Sidhu steps up as the Interim CFO, following the resignation of the previous CFO, Yinshun He.
For a thorough assessment of AWIN stock, go to TipRanks’ Stock Analysis page.