Core Viewpoint - Mondee Holdings, Inc. will be delisted from The Nasdaq Stock Market after the Company decided not to contest the delisting [1][2][3] Company Summary - Mondee Holdings, Inc. is a travel marketplace and AI technology company headquartered in Austin, Texas, established in 2011 [5] - The Company operates 21 offices globally, including locations in the United States, Canada, Brazil, Mexico, India, and Greece [5] - Mondee's platform processes over 50 million daily searches and has a substantial annual transactional volume [5] - The marketplace includes access to approximately 65,000 travel experts, over 500 airlines, more than one million hotels and vacation rentals, 30,000 rental car pickup locations, and over 50 cruise lines [5] Delisting Details - The delisting is due to the Company's failure to comply with Nasdaq's filing requirements, specifically not filing its Form 10-Q for the period ended September 30, 2024 [2][3] - Trading of Mondee's common stock will be suspended on December 6, 2024, and a Form 25-NSE will be filed with the SEC to remove the Company's securities from listing [3] Compliance and Operations - The delisting does not impact the Company's business operations, and it continues to support its customers, partners, and suppliers [4]
Mondee Announces Receipt of Nasdaq Delist Determination Notice