Connected mobility assistance
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Urgently Receives Nasdaq Notice of Non-Compliance
Globenewswire· 2025-09-22 20:05
Core Points - Urgently Inc. has been notified by Nasdaq of potential delisting due to non-compliance with Listing Rule 5550(b), which requires a minimum of $500,000 in net income, a market value of $35 million, or $2.5 million in stockholders' equity as of September 15, 2025 [1] - The company intends to request a hearing before the Nasdaq Hearings Panel to present its compliance plan and seek an extension [2] - Urgently is focused on providing digital roadside and mobility assistance services, utilizing technology such as AI and real-time data to enhance user experiences and customer satisfaction [3]
Urgently Promotes Michael Port to Chief Financial Officer
Globenewswire· 2025-05-27 11:30
Group 1 - Urgently Inc. announced the appointment of Michael Port as Chief Financial Officer, effective June 6, 2025, succeeding Timothy C. Huffmyer [1] - Michael Port previously held the position of Senior Vice President of Finance at Urgently and has extensive experience in the automotive industry, including roles at Lordstown Motors Corp. and Energy Focus Inc. [2][3] - The CEO of Urgently expressed confidence in Port's capabilities, highlighting his experience in high-growth industries as a strong fit for the company's current growth phase [3] Group 2 - Urgently is a leading provider of digital roadside and mobility assistance technology, focusing on enhancing driver safety and experience through innovative technology [3] - The company's platform integrates location-based services, real-time data, AI, and machine-to-machine communication to deliver connected roadside assistance solutions [3]