share_log

View Inc | 8-K: Current report

SEC announcement ·  Feb 28 05:22
Summary by Futu AI
On February 23, 2024, View Inc, a technology company incorporated in Delaware and listed on the Nasdaq Global Market, received a notice from Nasdaq indicating that the company does not currently meet the minimum market value requirement for publicly held shares, which is set at $5 million. The company has been given a 180-day grace period, until August 21, 2024, to regain compliance. If View Inc's market value of publicly held shares reaches or exceeds $5 million for at least ten consecutive business days during this period, Nasdaq will confirm compliance and close the matter. Failure to comply within the grace period may lead to delisting of the company's securities. Additionally, on February 21, 2024, View Inc's Board of Directors appointed Patrick J. Bartels, Jr...Show More
On February 23, 2024, View Inc, a technology company incorporated in Delaware and listed on the Nasdaq Global Market, received a notice from Nasdaq indicating that the company does not currently meet the minimum market value requirement for publicly held shares, which is set at $5 million. The company has been given a 180-day grace period, until August 21, 2024, to regain compliance. If View Inc's market value of publicly held shares reaches or exceeds $5 million for at least ten consecutive business days during this period, Nasdaq will confirm compliance and close the matter. Failure to comply within the grace period may lead to delisting of the company's securities. Additionally, on February 21, 2024, View Inc's Board of Directors appointed Patrick J. Bartels, Jr. as a director and Thomas H. King as Interim Chief Financial Officer. The company has entered into standard indemnity agreements with both appointees and will pay Mr. Bartels a monthly fee for his services as a director. There are no disclosed family relationships or material interests in transactions involving the new appointees that are required to be disclosed.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.