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, necessitating a compliance plan to regain compliance with listing standards [1][2][3] Group 1: Compliance and Listing Standards - Urgently has 45 calendar days, until May 5, 2025, to submit a Compliance Plan to Nasdaq to address the failure to meet the Continued Listing Standards [2] - If the Compliance Plan is accepted, Nasdaq may grant an extension of up to 180 calendar days from the date of the notice [2] - There is no assurance that Nasdaq will accept the Compliance Plan or that Urgently will regain compliance with the Continued Listing Standards [3] Group 2: Company Overview - Urgently is a leading provider of digital roadside and mobility assistance technology and services, focusing on enhancing safety and efficiency for drivers [4] - The company utilizes a digitally native software platform that integrates location-based services, real-time data, AI, and machine-to-machine communication to deliver roadside assistance solutions [4] - Urgently aims to fulfill the demand for connected roadside assistance services, enhancing user experiences and driving customer satisfaction and loyalty [4]
Urgently Notified By Nasdaq Of Non-Compliance With Nasdaq’s Continued Listing Standards