e.GO Receives Nasdaq Notice Regarding Minimum Bid Price Requirement
AACHEN, Germany, Dec. 15, 2023 (GLOBE NEWSWIRE) — Next.e.GO N.V. (Nasdaq:EGOX) (“e.GO” or the “Company”) today announced that on December 12, 2023 the Company received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with the minimum bid price requirement (“Minimum Bid Requirement”) of US$1.00 per share under Nasdaq Listing Rule 5450(a)(1) based upon the closing bid price of the Company’s common stock for the 30 consecutive business days prior to the date of the Notice. This announcement is made pursuant to Nasdaq Listing Rule 5810(b).