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NextPlay Technologies | 25-NSE: Notification filed by national security exchange to report the removal from listing and registration of matured, redeemed or retired securities (and amendment thereto)

SEC announcement ·  Jun 3 15:41
Summary by Moomoo AI
NextPlay Technologies Inc., listed on the Nasdaq Stock Market, is set to be removed from listing effective at the opening of the trading session on June 13, 2024. The decision for delisting comes after the company failed to file its Form 10-K and Forms 10-Q for specific periods in 2023. Despite being notified of the initial delisting determination on November 28, 2023, and appealing to the Listing Qualifications Hearings Panel, NextPlay Technologies was unable to meet the set milestones and additional requirements, including holding an annual shareholder meeting. The company's securities were suspended on April 15, 2024, and the delisting decision became final on May 28, 2024, as the company did not appeal further and the Nasdaq Listing and Hearing Review Council did not call for a review of the matter.
NextPlay Technologies Inc., listed on the Nasdaq Stock Market, is set to be removed from listing effective at the opening of the trading session on June 13, 2024. The decision for delisting comes after the company failed to file its Form 10-K and Forms 10-Q for specific periods in 2023. Despite being notified of the initial delisting determination on November 28, 2023, and appealing to the Listing Qualifications Hearings Panel, NextPlay Technologies was unable to meet the set milestones and additional requirements, including holding an annual shareholder meeting. The company's securities were suspended on April 15, 2024, and the delisting decision became final on May 28, 2024, as the company did not appeal further and the Nasdaq Listing and Hearing Review Council did not call for a review of the matter.
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