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Pony AI set for Nasdaq debut at $4.55B valuation
TechCrunch· 2024-11-27 15:20
In Brief Chinese autonomous driving technology company Pony AI will start trading on the Nasdaq on Wednesday at an offering price of $13 per share, the higher end of its expected range.With an initial public offering of 20 million American depositary shares, Pony stands to gain at least $260 million at a $4.55 billion from its debut. The proceeds will likely exceed that. Strategic investors are expected to buy around $153 million worth of Pony AI shares in private placements, and the underwriters — Goldman ...
Jet.AI Formally Regains Compliance with Nasdaq Stockholders' Equity Requirement and Minimum Bid Price Requirement
GlobeNewswire News Room· 2024-11-27 13:30
LAS VEGAS, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced it has officially received notice from the Nasdaq Stock Market LLC (“Nasdaq”) confirming it has regained compliance with both the $2.5 million minimum stockholders’ equity requirement as set forth in Nasdaq Listing Rule 5550(b)(1) (the “Equity Rule”) and the minimum bid price requirement as set forth in Nasdaq Listing Rule 5550(a)( ...
Lottery.com Inc. Receives Expected Notice from The NASDAQ Stock Market LLC Pertaining to its Form 10-Q of September 30, 2024
GlobeNewswire News Room· 2024-11-27 04:57
FORT WORTH, Texas, Nov. 26, 2024 (GLOBE NEWSWIRE) -- On November 20, 2024, Lottery.com Inc. (NASDAQ: LTRY; LTRYW) (“Lottery.com” or “the Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, as a result of not having timely filed the Form 10-Q for the period ended September 30, 2024 with the SEC, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires timely filing of all required periodic financial reports w ...
NKGen Biotech Receives Notifications From Nasdaq Related to Delayed Quarterly Report and Decision of the Nasdaq Hearings Panel
GlobeNewswire News Room· 2024-11-26 21:15
SANTA ANA, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- NKGen Biotech, Inc. (Nasdaq: NKGN) (“NKGen” or the “Company”), today announced it received a notice (the “Notice”) on November 20, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because it had not timely filed its Quarterly Report on Form 10-Q for the period ended September 30, 2024 (the “Form 10-Q”) with the Securities and ...
Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date November 15, 2024
GlobeNewswire News Room· 2024-11-26 21:05
NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- At the end of the settlement date of November 15, 2024, short interest in 3,070 Nasdaq Global MarketSM securities totaled 11,973,515,318 shares compared with 12,172,949,545 shares in 3,083 Global Market issues reported for the prior settlement date of October 31, 2024. The mid-November short interest represents 2.25 days compared with 3.02 days for the prior reporting period. Short interest in 1,668 securities on The Nasdaq Capital MarketSM totaled 2,044,997,906 s ...
Nasdaq Rises 100 Points; Abercrombie & Fitch Shares Fall After Q3 Results
Benzinga· 2024-11-26 17:01
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining around 100 points on Tuesday.The Dow traded down 0.26% to 44,621.76 while the NASDAQ rose 0.52% to 19,154.38. The S&P 500 also rose, gaining, 0.37% to 6,009.72.Check This Out: Jim Cramer: Linde Is A ‘Terrific’ Company, Sees Another Stock Up 75% As ‘Not Done’Leading and Lagging SectorsUtilities shares jumped by 1.1% on Tuesday.In trading on Tuesday, materials shares fell by 0.8%.Top HeadlineShares of Abercrombie & Fitch Co ANF ...
Rigetti Computing Announces Pricing of $100 Million Registered Direct Offering of Common Stock Priced At-The-Market Under Nasdaq Rules
GlobeNewswire News Room· 2024-11-26 13:00
BERKELEY, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it has entered into securities purchase agreements with two institutional investors for the purchase and sale of 50,000,000 shares of the Company’s common stock, par value $0.0001 per share, at a purchase price of $2.00 per share, pursuant to a registered direct offering priced at-the-market under Nasdaq rules, resu ...
These Are the 5 Worst-Performing Stocks in the Nasdaq-100 With 2024 Almost Over
The Motley Fool· 2024-11-26 12:30
The Nasdaq-100 index tracks the largest 100 non-financial companies on the Nasdaq stock exchange. Although it's not a part of the U.S. stock market's big three indexes (S&P 500, Nasdaq Composite, and Dow Jones), the Nasdaq-100 has grown in popularity over the years because of its concentration of tech stocks (almost 60%), many of which have seen their valuations skyrocket in recent years.Through Nov. 22, the Nasdaq-100 is up over 23%, which is impressive for a broad index. However, it hasn't been peachy kee ...
The Real Good Food Company Receives Anticipated Additional Delinquency Notice from Nasdaq
GlobeNewswire News Room· 2024-11-25 21:10
CHERRY HILL, N.J., Nov. 25, 2024 (GLOBE NEWSWIRE) -- The Real Good Food Company, Inc. (Nasdaq: RGF) (“Real Good Foods” or the “Company”), a leading health and wellness frozen and refrigerated foods company, announced today that, on November 20, 2024, the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) notified the Company that the Company’s failure to timely file its Form 10-Q with the Securities and Exchange Commission (the “SEC”), for the period ended September 30, 2024, serves as a ...
noco-noco Inc to Appeal Nasdaq Delisting Determination
GlobeNewswire News Room· 2024-11-25 12:39
Core Viewpoint - noco-noco Inc. has received a delisting notice from Nasdaq due to non-compliance with continued listing requirements, with trading suspension effective November 25, 2024 [1] Company Actions - The Company plans to appeal the delisting decision to the Nasdaq Listing and Hearing Review Council within the 15-day appeal period, although this will not automatically prevent the suspension [2] - noco-noco is taking concrete measures to regain compliance with Nasdaq's listing requirements [2] Impact on Operations - The delisting notice is not expected to have a material impact on the Company's operations, as noco-noco will continue to focus on performance growth and operational efficiency [3] - The Company remains committed to creating value for shareholders and strengthening its position in next-generation energy storage technology [3] Company Overview - noco-noco Inc. is a technology solutions provider in the energy transition sector, aiming to accelerate the global transformation to a decarbonized economy [4] - The Company is built on its proprietary X-SEPA™ battery separator technology, which is designed for long-lasting and high heat-resistant performance, addressing the need for clean, affordable, and sustainable energy storage solutions [4]