Mynaric AG (DE:M0YN) has released an update.
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Munich-based Mynaric AG, which specializes in scalable laser communications, has received a Deficiency Letter from Nasdaq for not meeting the minimum market value requirement for continued listing. The company’s American Depositary Shares will still trade under the symbol ‘MYNA’ as they have a 180-day period until March 31, 2025, to regain compliance. Failing to meet the requirements by the deadline could lead to delisting, though Mynaric is exploring options to remedy the situation.
For further insights into DE:M0YN stock, check out TipRanks’ Stock Analysis page.