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EZGO announces receipt of Nasdaq delisting determination and plan to appeal (NASDAQ:EZGO)

  • EZGO Technologies (NASDAQ:EZGO) on Friday said it received a delisting determination notice from Nasdaq on March 26.
  • The delisting notice notified the company that, as of March 26, its shares had a closing bid price of $0.10 or less for ten consecutive trading days. 
  • As a result, Nasdaq determined to begin delisting company shares as per its listing rules. 
  • The company said it intends to submit, on or before April 2, a request for a hearing before the Nasdaq Hearings Panel to appeal the delisting notice.
  • Source: Press Release
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