Vicinity Motor receives Nasdaq delisting notice
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 23 2024
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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.





