Maxeon Receives Nasdaq Notification and Is Proceeding With Approved Reverse Stock Split
Maxeon Receives Nasdaq Notification and Is Proceeding With Approved Reverse Stock Split
SINGAPORE, Sept. 20, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) (the "Company"), a global leader in solar innovation and channels, announced that on September 17, 2024, it received a Staff Determination letter (the "Determination Letter") from the staff of the Listing Qualifications Department (the "Staff") of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iii) because, as of September 16, 2024, the Company's securities had a closing bid price of $0.10 or less for ten consecutive trading days.
2024年9月20日新加坡/美通社/——中聖集團有限公司（納斯達克：MAXN）（"公司"），一家全球領先的太陽能創新和渠道公司，宣佈於2024年9月17日收到了納斯達克股票市場有限責任公司（"納斯達克"）上市資格部（"工作人員"）發出的停牌決定函（"決定函"），通知公司工作人員決定根據納斯達克上市規則5810(c)(3)(A)(iii)將公司證券從納斯達克全球精選市場除牌，因爲截至2024年9月16日，公司證券連續十個交易日的收盤買盤價爲0.10美元或更低。
On September 20, the Company submitted a hearing request through the Nasdaq Listing Center, which will automatically stay any delisting action or filing of the Form 25-NSE pending such hearing in accordance with Nasdaq Listing Rule 5815(a)(1).
2024年9月20日，公司通過納斯達克上市中心提交了聽證請求，根據納斯達克上市規則5815(a)(1)的規定，該請求將自動暫停任何除牌行動或提交25-NSE表格的操作，直至進行聽證爲止。
On August 29, 2024, the shareholders of the Company at the Annual General Meeting of Shareholders approved by ordinary resolution the consolidation of every 100 existing issued ordinary shares (including treasury shares) into one ordinary share of the Company. The Company's board of directors is in the process of taking the necessary actions to implement a reverse stock split which the Company believes will bring the bid price for the Company's ordinary shares above the US$1.00 per share minimum bid price requirement as set forth by Nasdaq Listing Rule 5450(a)(1).
在2024年8月29日，公司股東在公司每年舉行的股東大會上通過常規決議，同意將每100股現有已發行普通股（包括公司的法定股份）合併爲一股公司的普通股。董事會正在採取必要的措施來實施股票的反向合拆，公司相信這將使公司普通股的買盤價格超過納斯達克上市規則5450（a）（1）規定的每股至少1.00美元的最低買盤價格要求。
About Maxeon Solar Technologies
Maxeon Solar Technologies (NASDAQ: MAXN) is Powering Positive Change. Headquartered in Singapore, Maxeon leverages over 35 years of solar energy leadership and over 1,900 patents to design innovative and sustainably made solar panels and energy solutions for residential, commercial, and power plant customers. Maxeon's integrated home energy management is a flexible ecosystem of products and services, built around the award-winning Maxeon and SunPower branded solar panels. With a network of more than 1,700 trusted partners and distributors, and more than one million customers worldwide, the Company is a global leader in solar. For more information about how Maxeon is Powering Positive Change visit us at , on LinkedIn and on Twitter/X @maxeonsolar.
關於Maxeon Solar Technologies
中聖集團（NASDAQ: MAXN）致力於推動積極變革。總部位於新加坡的中聖集團利用超過35年的太陽能領導經驗和超過1900項專利來設計創新的可持續製造的太陽能電池板和能源解決方案，爲住宅、商業和電站客戶提供服務。中聖集團的集成家庭能源管理是一個靈活的產品和服務生態系統，圍繞屢獲殊榮的中聖和SunPower品牌的太陽能電池板構建而成。通過一個由超過1700個值得信賴的合作伙伴和經銷商組成的網絡，以及超過一百萬名全球客戶，該公司是太陽能行業的全球領導者。欲了解有關中聖如何推動積極變革的更多信息，請訪問我們的網站，LinkedIn和Twitter/X @maxeonsolar。
SOURCE Maxeon Solar Technologies, Ltd.
轉載自Maxeon Solar Technologies，Ltd的消息來源。
譯文內容由第三人軟體翻譯。
