Financial Results - Solidion Technology, Inc. announced its first quarter 2024 financial results on June 7, 2024[4]. Nasdaq Compliance - The company received a delinquency notification from Nasdaq on May 31, 2024, due to a delay in filing its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024[6]. - Solidion has 60 calendar days to submit a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1)[7]. - The company plans to file the Form 10-Q as promptly as possible to regain compliance with Nasdaq[8]. - The company continues to trade on The Nasdaq Global Market under the symbol "STI" despite the noncompliance[8]. - No immediate effect on the listing or trading of the company's securities has occurred due to the notification[8]. Stockholder Meeting - The company held a Special Meeting of its Stockholders on June 3, 2024, where a proposal for potential issuance of shares was approved with 68,055,000 votes in favor, representing 78.31% of outstanding shares[11][12]. - A reverse stock split proposal was also approved with the same voting results, allowing for a split ratio between 1-for-10 to 1-for-50[12]. Company Classification - The company is classified as an emerging growth company under the Securities Act of 1933[3].
Nubia Brand International (NUBI) - 2024 Q1 - Quarterly Results