SPI Energy Announces Receipt of Nasdaq Non-Compliance Notice
SPI Energy Announces Receipt of Nasdaq Non-Compliance Notice
MCCLELLAN PARK, CA / ACCESSWIRE / April 22, 2024 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar storage solutions for business, residential, government, logistics and utility customers, today announced that it received a notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that due to the Company's failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the "2023 Form 10-K"), with the Securities and Exchange Commission (the "SEC"), the Company is not in compliance with Nasdaq's continued listing requirements under Nasdaq Listing Rule 5250(c)(1) (the "Rule"), which requires the timely filing of all required periodic reports with the SEC.
加利福尼亚州麦克莱伦公园/ACCESSWIRE/2024年4月22日/全球可再生能源公司和为商业、住宅、政府、物流和公用事业客户提供太阳能存储解决方案的SPI能源有限公司(纳斯达克股票代码:SPI)(“公司”)今天宣布,它收到了纳斯达克股票市场有限责任公司(“纳斯达克”)上市资格部的通知(“通知”),通知由于公司未能及时提交截至2023年12月31日财年的10-K表年度报告(“2023年10-K表格”),公司向美国证券交易委员会(“SEC”),公司没有遵守纳斯达克上市规则5250(c)(1)(“规则”)下的纳斯达克持续上市要求,该规则要求及时向美国证券交易委员会提交所有必要的定期报告。
The Notice has no immediate effect on the listing of the Company's ordinary shares on Nasdaq. Under the Nasdaq rules, the Company has 60 calendar days, or until June 18, 2024, to file the 2023 Form 10-K or to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule. If the Company submits a plan to Nasdaq and Nasdaq accepts the plan, Nasdaq can grant an exception of up to 180 calendar days from the filing's due date, or until October 14, 2024, to regain compliance. If the Company fails to timely regain compliance with Nasdaq Listing Rule 5250(c)(1), the Company's ordinary shares will be subject to delisting from Nasdaq.
该通知对公司普通股在纳斯达克的上市没有立即生效。根据纳斯达克规则,公司有60个日历日,即在2024年6月18日之前,提交2023年10-K表格或向纳斯达克提交恢复遵守纳斯达克上市规则的计划。如果公司向纳斯达克提交了计划,而纳斯达克接受了该计划,则纳斯达克可以批准自申报截止日起最多180个日历日的例外情况,或者直到2024年10月14日,以恢复合规。如果公司未能及时恢复遵守纳斯达克上市规则5250(c)(1),则该公司的普通股将被从纳斯达克退市。
The Company continues to work diligently to complete the 2023 Form 10-K.
公司继续努力完成2023年10-K表格。
This announcement is made in compliance with the Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a notification of deficiency.
本公告是根据纳斯达克上市规则5810(b)发布的,该规则要求立即披露收到的缺陷通知。
About SPI Energy Co., Ltd.
关于SPI能源有限公司
SPI Energy Co., Ltd. (NASDAQ: SPI) is a global renewable energy company and provider of solar, storage solutions that was founded in 2006 in Roseville, California and is headquartered in McClellan Park, California.
SPI 能源有限公司(纳斯达克股票代码:SPI)是一家全球可再生能源公司和太阳能、存储解决方案供应商,于 2006 年在加州罗斯维尔成立,总部位于加州麦克莱伦公园。
The Company comprises the following core divisions: (a) SPI Solar commercial & utility solar business develops and provides a full spectrum of EPC services to third party project developers. (b) Orange Power business owns and operates solar projects that sell electricity to the grid in multiple regions, including the U.S., U.K., and Europe. (c) SolarJuice is a leader in renewable energy system solutions for residential and small commercial markets with solar wholesale distribution business in Australia, and residential solar and roofing installation business in California. SolarJuice also manufactures solar cells & modules in United States under the Solar4America brand. (d) SEM Wafertech develops American solar wafer manufacturing at Sumter, SC.
该公司由以下核心部门组成:(a)SPI Solar商业和公用事业太阳能业务开发并向第三方项目开发商提供全方位的EPC服务。(b) Orange Power业务拥有并运营太阳能项目,向包括美国、英国和欧洲在内的多个地区的电网出售电力。(c) SolarJuice是住宅和小型商业市场可再生能源系统解决方案的领导者,在澳大利亚拥有太阳能批发分销业务,在加利福尼亚州拥有住宅太阳能和屋顶安装业务。SolarJuice还以Solar4America品牌在美国生产太阳能电池和组件。(d) SEM Wafertech在南卡罗来纳州萨姆特开发美国太阳能晶圆制造业务。
SPI maintains global operations in North America, Australia, Asia and Europe and is also targeting strategic investment opportunities in fast growing green energy industries such as battery storage, charging stations, and others which leverage the Company's expertise and substantial solar cash flow.
SPI在北美、澳大利亚、亚洲和欧洲维持全球业务,还将战略投资机会锁定在快速增长的绿色能源行业,例如电池存储、充电站和其他利用公司专业知识和大量太阳能现金流的行业。
For more information on SPI Energy and its subsidiaries, the Company recommends that stockholders, investors and any other interested parties read the Company's public filings and press releases available under the Investor Relations section at or available at www.sec.gov.
有关SPI Energy及其子公司的更多信息,公司建议股东、投资者和任何其他利益相关方阅读公司的公开文件和新闻稿,该文件和新闻稿可在 “投资者关系” 部分下查阅,网址为www.sec.gov。
Forward-Looking Statements
前瞻性陈述
Certain information contained in this report consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks, uncertainties and assumptions that are difficult to predict. Words such as "will," "would," "may," "intends," "potential," and similar expressions, or the use of future tense, identify forward-looking statements, but their absence does not mean that a statement is not forward-looking. Such forward-looking statements are not guarantees of performance and actual actions or events could differ materially from those contained in such statements. For example, there can be no assurance that the Company will regain compliance with the Rule during any compliance period or in the future, or otherwise meet Nasdaq compliance standards, that the Company will be eligible for a second compliance period, or that Nasdaq will grant the Company any relief from delisting as necessary or that the Company can ultimately meet applicable Nasdaq requirements for any such relief. The forward-looking statements contained in this report speak only as of the date of this report and the Company undertakes no obligation to publicly update any forward-looking statements to reflect changes in information, events or circumstances after the date of this report, unless required by law.
本报告中包含的某些信息包括1995年《私人证券诉讼改革法》所指的前瞻性陈述,这些陈述涉及难以预测的风险、不确定性和假设。诸如 “将”、“将”、“可能”、“打算”、“潜在” 等词语以及类似的表述或将来时态的使用可以识别前瞻性陈述,但它们的缺失并不意味着陈述不是前瞻性的。此类前瞻性陈述不能保证业绩,实际行为或事件可能与此类陈述中包含的行为或事件存在重大差异。例如,无法保证公司将在任何合规期内或将来恢复对该规则的遵守,或者以其他方式符合纳斯达克合规标准,无法保证公司有资格进入第二个合规期,也无法保证纳斯达克将在必要时给予公司任何免于退市的救济,也无法保证公司最终能够满足纳斯达克对任何此类救济的适用要求。本报告中包含的前瞻性陈述仅代表截至本报告发布之日,除非法律要求,否则公司没有义务公开更新任何前瞻性陈述以反映本报告发布之日后信息、事件或情况的变化。
Contact:
联系人:
SPI Energy Co., Ltd.
IR Department
Email: ir@spigroups.com
SPI能源有限公司
投资者关系部
电子邮件:ir@spigroups.com
Dave Gentry
RedChip Companies, Inc.
Phone:(407) 491-4498
SPI@redchip.com
戴夫·金特里
RedChip 公司有限公司
电话:(407) 491-4498
SPI@redchip.com
SOURCE: SPI Energy Co., Ltd.
来源:SPI 能源有限公司