Summary by Futu AI
On July 23, 2024, SinglePoint Inc. received a Deficiency Notification from the Listing Qualifications Department of The Cboe BZX Exchange, Inc. The notification indicated that SinglePoint does not meet the minimum continued listing standards as per Cboe BZX Listing Rule 14.9(e)(2), due to its failure to satisfy the requirements of having sufficient stockholders' equity, market value of listed securities, or net income from continuing operations. In response, SinglePoint filed its Form 10-K on July 19, 2024, and is actively working to complete and file its Form 10-Q. The company has scheduled a hearing for August 8, 2024, to address the deficiencies and intends to request an extension to demonstrate compliance with the listing rules.