Vocodia Holdings Corp. Files Appeal with CBOE
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 24 2024
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Source: Newsfilter
- Vocodia Delisting Determination: Vocodia Holdings Corp received a Staff Delisting Determination from the CBOE BZX Exchange due to non-compliance with the Minimum Bid Price requirement and other listing standards.
- Reasons for Delisting: The delisting notice was primarily issued because Vocodia's common stock fell below the $1.00 Minimum Bid Price requirement and did not meet the Continued Listing Standards of the Exchange.
- Response to Determination: Vocodia submitted a written request for an oral hearing before a CBOE Hearings Panel to appeal the delisting decision as per Exchange Rule 14.12(h)(1)(A)(i).
- CEO's Statement: Brian Podolak, Co-Founder and CEO of Vocodia, expressed confidence in the company's ability to address the issues raised, regain compliance, and remain listed on the CBOE Exchange.
- Company Focus: Vocodia is dedicated to improving financial metrics and operational performance to meet listing requirements while continuing its mission of providing innovative AI solutions and enhancing shareholder value.
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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.
