Vicinity Motor receives Nasdaq delisting notice

Written by Emily J. Thompson, Senior Investment Analyst

VEV%

Updated: Oct 23 2024

0mins

Delisting Notification: Vicinity Motor has been notified by Nasdaq of its failure to meet the minimum bid price requirement, with shares trading below $1 as of October 21, 2024.
Receivership and Suspension: The company is entering receivership under a Supreme Court order, leading to a determination for delisting, with trading suspended on October 31, 2024, and no appeal planned.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Vicinity Motor receives Nasdaq delisting notice

About the author

Top News

Oil Firms Cautious on Venezuela Investment Push

GM Reports $7.1 Billion Charge Amid EV Shift

Stock Market Wraps 2025 with Double-Digit Gains

Novo Nordisk's Weight-Loss Pill Approval: Key Impacts

Related Articles

Top Growth Stocks to Buy Now: Nvidia, Amazon, Dutch Bros

Bitcoin's Market Cap Exceeds $1.9 Trillion, Potential to Reach $1.2 Million

Sigh Up to Get Intellectia Insights

How did the company's recent strategic decisions impact its latest financial performance?

Can you explain the factors behind the recent changes in the company's stock price?

What are the expected impacts of current market trends on the company's future growth?

Based on the latest earnings report, what are the company's forecasted revenues for the next quarter?

How does the company's performance compare to its main competitors in the same sector?

People Also Watch