Why Clever Leaves (CLVR) Stock Is Down 60%
Why Clever Leaves (CLVR) Stock Is Down 60%
Clever Leaves Holdings Inc (NASDAQ:CLVR) shares are trading lower by 62% to $1.56 during Monday's session after the company announced that it will voluntarily delist its common shares from the Nasdaq and deregister its Securities to terminate and suspend its reporting obligations.
Clever Leaves Holdings Inc（纳斯达克股票代码：CLVR）股价在周一的交易中下跌了62％，至1.56美元，此前该公司宣布将自愿将其普通股从纳斯达克退市并注销其证券以终止和暂停其报告义务。
The company notified Nasdaq of its intention and plans to file necessary forms with the SEC on or about May 6, with the last day of trading expected to be around May 16. After delisting, the company will file a Form 15 to suspend its reporting obligations, with the deregistration expected to become effective 90 days after filing.
该公司通知纳斯达克，其意图和计划在5月6日左右向美国证券交易委员会提交必要的表格，预计交易的最后一天将在5月16日左右。除名后，该公司将提交15号表格，暂停其报告义务，注销注册预计将在提交后90天生效。
The decision reflects the board's assessment of various factors, including potential non-compliance with Nasdaq listing requirements, personnel resources and high costs associated with regulatory burdens.
该决定反映了董事会对各种因素的评估，包括可能不遵守纳斯达克上市要求、人力资源以及与监管负担相关的高昂成本。
According to data from Benzinga Pro, CLVR has a 52-week high of $8.95 and a 52-week low of $1.52.
根据Benzinga Pro的数据，CLVR的52周高点为8.95美元，52周低点为1.52美元。