e.GO Announces Nasdaq Delisting Notice

March 26, 2024

https://www.globenewswire.com/news-release/2024/03/26/2852201/0/en/e-GO-Announces-Nasdaq-Delisting-Notice.html

AACHEN, Germany, March 26, 2024 (GLOBE NEWSWIRE) — Next.e.GO N.V. (NASDAQ:EGOX) (“e.GO”) today announced that on March 25, 2024 the Company received a Staff determination letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company of the Staff’s determination to delist the Company’s securities because the Company’s securities have had a closing bid price below $0.10 for ten consecutive trading days, which triggers a notice of delisting pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”).

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