Core Points - SCHMID Group N.V. received a determination letter from Nasdaq regarding non-compliance with filing requirements, which may lead to delisting unless an appeal is made [1][2] - The company plans to appeal the determination and request a stay of suspension for its ordinary shares and warrants, which would allow continued trading on Nasdaq during the appeal process [2][3] - The company is working to file its Annual Report on Form 20-F for the year ended December 31, 2024, but there is no guarantee that the appeal or stay will be granted [3][4] Company Overview - SCHMID is a global leader in providing solutions for the high-tech industry, focusing on electronics, photovoltaics, glass, and energy systems [6] - The company, founded in 1864, employs over 800 people worldwide and operates technology centers and production facilities in Germany and China [6] - SCHMID develops customized equipment and process solutions for various industries, ensuring high efficiency, quality, and sustainability through environmentally friendly manufacturing processes [6] Recent Developments - SCHMID has secured major orders for AI server PCB production equipment, indicating growth in its business operations [7][9] - The company will deliver a complete wet-process equipment setup featuring advanced V+ and H+ systems, marking a significant development in its product offerings [9]