Polestar (Nasdaq: PSNY) has actually obtained notification from the Nasdaq Stock Exchange LLC that the Business is not presently in conformity with the $1.00 minimal proposal rate demand, as stated in Nasdaq Listing Regulation 5450( a)( 1 ). The Notification showed that, constant with Nasdaq Listing Regulation 5810( c)( 3 )( A), the Business has 180 days, or till 29 April 2026, to restore conformity, by having the closing proposal rate of the Business’s ADSs satisfy or go beyond $1.00 per ADS for at the very least 10 successive service day …
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