• ON NOV 18, IDEANOMICS CO RECEIVED LETTER FROM NASDAQ INDICATING CO WAS NO LONGER IN COMPLIANCE WITH THE NASDAQ LISTING RULE AND GRANTED EXTENSION | Source : https://www.nasdaq.com/press-release/ideanomics-receives-nasdaq-extension-to-comply-with-bid-price-rule-and-secures
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This event was November 9th indicating CEO Alf poor is aware and in contact with NASDAQ’s compliance.
In conclusion ideanomics has confirmed the company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement under Listing Rule 5550(a)(2) (the “Bid Price Rule”) through May 15, 2023.
About IDEX | Ideanomics Mobility is a global company focused on accelerating the commercial adoption of electric vehicles.