Captivision Inc. Receives Nasdaq Non-Compliance Notice
Ticker: CAPTW · Form: 6-K · Filed: Dec 9, 2024 · CIK: 1967478
Sentiment: bearish
Topics: listing-standards, compliance, delisting-risk
TL;DR
Captivision got a Nasdaq warning letter - could be delisted.
AI Summary
On December 3, 2024, Captivision Inc. received a written notice from Nasdaq indicating non-compliance with its listing standards. The specific reasons for this non-compliance are not detailed in this filing.
Why It Matters
This notice could lead to delisting from Nasdaq, impacting the company's liquidity and investor confidence.
Risk Assessment
Risk Level: high — Non-compliance with Nasdaq listing standards poses a significant risk of delisting, which can severely impact a company's stock value and accessibility.
Key Players & Entities
- Captivision Inc. (company) — Registrant
- Nasdaq (company) — Exchange where listing standards are set
- December 3, 2024 (date) — Date Captivision received the notice
FAQ
What specific Nasdaq listing standards did Captivision Inc. fail to meet?
The filing states that Captivision Inc. received a written notice of non-compliance with Nasdaq listing standards, but it does not specify which particular standards were violated.
When did Captivision Inc. receive the notice of non-compliance?
Captivision Inc. received the written notice on December 3, 2024.
What is the name of the company filing this report?
The company filing this report is Captivision Inc.
What is the Commission File Number for this filing?
The Commission File Number for this filing is 001-41869.
What is the address of Captivision Inc.'s principal executive office?
The address of Captivision Inc.'s principal executive office is 298-42 Chung-buk Chungang-ro Chung-buk, Pyeong-taek, Gyounggi, Republic of Korea.
Filing Stats: 1,258 words · 5 min read · ~4 pages · Grade level 20 · Accepted 2024-12-09 16:04:06
Key Financial Figures
- $50 million — s (“MVLS”) requirement of $50 million for continued listing on The Nasdaq Glo
Filing Documents
- form_6-k_nasdaq_notice.htm (6-K) — 29KB
- 0000950170-24-134501.txt ( ) — 31KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Captivision Inc. By: /s/ Gary R. Garrabrant Name: Gary R. Garrabrant Title: Chief Executive Officer Date: December 9, 2024