Arrival announced that the Nasdaq Stock Marke has determined to grant Arrival an exception to Listing Rule 5250(c)(1) , giving Arrival an extension of the deadline to file its Annual Report on Form 20-F for the fiscal year ended December 31 .As Arrival announced in its press release dated May 5 on May 2 , Arrival received a deficiency letter from Nasdaq notifying Arrival that due to its failure to file the 2022 20-F within the prescribed period of time, Arrival no longer complied with the Rule, which requires timely filing of all required periodic financial reports with the U.S. Securities and Exchange Commission. Nasdaq informed Arrival that it had sixty (60) calendar days to submit a plan of compliance to Nasdaq detailing how the Company planned to file the 2022 20-F and regain compliance with Nasdaq’s continued listing requirements.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ARVL:
- Nasdaq Grants ARRIVAL Required Extension to File its Annual Report on Form 20-F
- Arrival, Kensington Capital terminate business combination
- Arrival and Kensington Capital Acquisition Corp. V Agreed to Terminate Business Combination Agreement
- ARRIVAL To Exchange $20M Debt for Equity with Antara
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue