Summary by Futu AI
On September 6, 2024, SinglePoint Inc. received a notice from the Listing Qualifications Department of The Cboe BZX Exchange, Inc. indicating that the company's request for an extension to comply with continued listing requirements was denied. Consequently, the Cboe BZX Hearings Panel affirmed the Staff Delisting Determination and ordered the suspension and delisting of SinglePoint's common stock. The suspension of trading on Cboe BZX will take effect after the market closes on September 10, 2024. SinglePoint may appeal the decision within 15 days, but the suspension will proceed regardless of an appeal. The company does not anticipate the delisting to affect its daily operations and expects its common stock to be quoted on the OTC Markets post-delisting. The Cboe BZX will publicly announce the final delisting decision at least 10 days before it becomes effective.