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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of NWTN Inc. - NWTN
Prnewswire· 2024-05-30 17:03
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving NWTN Inc. and its officers or directors [1] Group 1: Company Compliance Issues - On May 24, 2024, NWTN announced it received a letter from Nasdaq indicating non-compliance with Listing Rule 5250(c)(1) due to the failure to file its Annual Report on Form 20-F for the year ended December 31, 2023 [2] - NWTN has until July 22, 2024, to submit a plan to regain compliance with Nasdaq [2] - Following this announcement, NWTN's stock price dropped by $0.58, or 14.43%, closing at $3.44 per share on May 28, 2024 [2] Group 2: Legal Context - Pomerantz LLP is recognized for its expertise in corporate, securities, and antitrust class litigation, having recovered billions in damages for victims of securities fraud and corporate misconduct [3]
NWTN Inc. Receives Expected Notification from Nasdaq Related to Delayed Annual Report on Form 20-F
Newsfilter· 2024-05-24 20:10
Core Points - NWTN Inc. has received a notification from Nasdaq regarding non-compliance with Listing Rule 5250(c)(1) due to the failure to file its Annual Report on Form 20-F for the year ended December 31, 2023 [1][2] - The company has 60 calendar days, until July 22, 2024, to submit a plan to regain compliance, with a potential extension of up to 180 days if accepted by Nasdaq [2] - NWTN is actively working to finalize and file the Form 20-F as soon as possible [3] Company Overview - NWTN is an eco-conscious mobility technology company focused on providing passenger-centric green premium mobility solutions globally [1][4] - The company is headquartered in Dubai, UAE, with a vehicle assembly facility in Abu Dhabi and a manufacturing base in Jinhua, China [4] - NWTN is committed to integrating innovative design, personalized lifestyles, IoT, autonomous driving technology, and green energy solutions in its mobility offerings [5]
NWTN Inc. Receives Expected Notification from Nasdaq Related to Delayed Annual Report on Form 20-F
globenewswire.com· 2024-05-24 20:10
Core Points - NWTN Inc. has received a notification from Nasdaq regarding non-compliance with Listing Rule 5250(c)(1) due to the failure to file its Annual Report on Form 20-F for the year ended December 31, 2023 [1][2] - The company has 60 calendar days, until July 22, 2024, to submit a plan to regain compliance, with a potential extension of up to 180 days if accepted by Nasdaq [2] - NWTN is actively working to finalize and file the Form 20-F within the prescribed timeline [3] Company Overview - NWTN is an eco-conscious mobility technology company focused on providing passenger-centric green premium mobility solutions globally [1][4] - The company is headquartered in Dubai, UAE, with a vehicle assembly facility in Abu Dhabi and a manufacturing base in Jinhua, China [4] - NWTN is committed to integrating innovative design, personalized lifestyles, IoT, autonomous driving technology, and green energy solutions in its mobility offerings [5]
NWTN Reminds Shareholders About Share Lending and Recalling
Prnewswire· 2024-05-10 13:52
DUBAI, UAE, May 10, 2024 /PRNewswire/ -- 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 issues this announcement to its shareholders. The company has seen a significant increase in its shares' volatility in the last few days. The company would like to remind its shareholders that they can ask their brokerages NOT to lend their shares in order to reduce the number of shares being ...
NWTN(NWTN) - 2022 Q4 - Annual Report
2023-05-25 20:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 OR ☐ TRANSITIONAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR c/o Alan Nan WU Office 114-117, Floor 1, Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai ...