Core Viewpoint - Multi Ways Holdings Limited has received a Filing Deficiency Notification from NYSE Regulation due to the late filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, which puts the company at risk of non-compliance with NYSE American listing standards [1][2]. Group 1: Filing Delinquency Details - The company was notified on May 16, 2025, regarding its failure to file the 2024 Form 20-F in a timely manner, which is considered a Filing Delinquency [1]. - The delay in filing is attributed to the additional time needed to finalize financial disclosures, and the company aims to file the report by May 30, 2025 [2][6]. - The company is in regular communication with its legal counsel and independent auditors to expedite the filing process [2]. Group 2: Compliance and Monitoring - NYSE Regulation will monitor the company for a six-month Initial Cure Period to assess the status of the 2024 Form 20-F [3]. - If the company fails to cure the Filing Delinquency within this period, it may be granted an Additional Cure Period of up to six months, depending on specific circumstances [3]. - If the company does not file the required report by the end of the Additional Cure Period, suspension and delisting procedures will commence [3]. Group 3: Current Listing Status - The Filing Deficiency Notification does not have an immediate effect on the trading of the company's ordinary shares on NYSE American, which will continue while the company works to regain compliance [6]. - The company has been placed on the list of noncompliant issuers and has received a ".LF" indicator on its ticker symbol to inform investors of its late filing status [5]. Group 4: Company Overview - Multi Ways Holdings Limited is a supplier of heavy construction equipment for sales and rental in Singapore and the surrounding region, with over two decades of experience in the industry [7]. - The company serves customers from various countries, including Singapore, Australia, UAE, Maldives, Indonesia, and the Philippines, positioning itself as a one-stop shop for heavy construction equipment [7].