Core Viewpoint - Urgently Inc. has received a notice from Nasdaq indicating that its net income from continuing operations has fallen below the minimum requirement for continued listing on the Nasdaq Capital Market, which may lead to potential delisting if compliance is not achieved [1][2]. Group 1: Compliance and Listing Standards - Urgently has 45 calendar days, until May 5, 2025, to submit a Compliance Plan to Nasdaq to regain compliance with the Continued Listing Standards [2]. - If Nasdaq accepts the Compliance Plan, an extension of up to 180 calendar days may be granted [2]. - There is no assurance that Nasdaq will accept the Compliance Plan or that Urgently will regain compliance with the Continued Listing Standards in the future [3]. Group 2: Company Overview - Urgently is a leading provider of digital roadside and mobility assistance technology and services, focusing on enhancing driver safety and experience through innovative technology [4]. - The company's platform integrates location-based services, real-time data, AI, and machine-to-machine communication to deliver connected roadside assistance solutions [4]. - Urgently aims to provide exceptional user experiences that drive customer satisfaction and loyalty across various transportation-focused sectors [4].
Urgently Notified By Nasdaq Of Non-Compliance With Nasdaq's Continued Listing Standards