Summary by Futu AI
Mobiquity Technologies, Inc., listed on the Nasdaq Stock Market LLC, is set to be removed from listing effective at the opening of the trading session on February 26, 2024. The decision for delisting comes after the Nasdaq Staff concluded that the company no longer met the requirements for listing under Listing Rule 5550(b)(1). Mobiquity Technologies was initially notified of this determination on June 1, 2023, and subsequently appealed to the Listing Qualifications Hearings Panel. Despite being granted conditional permission to remain listed, subject to meeting certain milestones, the company failed to comply. The final decision to deny continued listing was made on December 5, 2023, and the company's securities were suspended two days later. Mobiquity Technologies did not appeal the final decision, and the delisting became final on January 19, 2024.