NWTN Inc. Receives Expected Notification from Nasdaq Related to Delayed Annual Report on Form 20-F
DUBAI, United Arab Emirates, May 24, 2024 (GLOBE NEWSWIRE) — NWTN Inc. (Nasdaq:NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN” or the “Company”), today announced that it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Annual Report on Form 20-F for the period ended December 31, 2023 (the “Form 20-F”) with the Securities and Exchange Commission (the “SEC”). The Nasdaq notification letter has no immediate effect on the listing or trading of the Company’s securities on the Nasdaq Stock Market.