Hyliion Holdings Corp. Faces Delisting Concerns
Ticker: HYLN · Form: 8-K · Filed: Mar 4, 2024 · CIK: 1759631
| Field | Detail |
|---|---|
| Company | Hyliion Holdings Corp. (HYLN) |
| Form Type | 8-K |
| Filed Date | Mar 4, 2024 |
| Risk Level | high |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-rule, 8-k
Related Tickers: HYLN
TL;DR
Hyliion might get kicked off the exchange, stock could tank.
AI Summary
Hyliion Holdings Corp. filed an 8-K on March 4, 2024, to report a notice of delisting or failure to satisfy a continued listing rule. The company was formerly known as Tortoise Acquisition Corp. and is incorporated in Delaware.
Why It Matters
This filing indicates potential issues with Hyliion's continued listing on an exchange, which could impact its stock price and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting directly threatens the company's ability to remain publicly traded, posing a significant risk to investors.
Key Numbers
- 001-38823 — SEC File Number (Identifies the company's filing with the SEC.)
Key Players & Entities
- Hyliion Holdings Corp. (company) — Registrant
- Tortoise Acquisition Corp. (company) — Former name
- March 4, 2024 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
FAQ
What specific listing rule or standard has Hyliion Holdings Corp. failed to satisfy?
The filing does not specify the exact rule or standard that Hyliion has failed to satisfy, only that a notice of delisting or failure to satisfy a continued listing rule is being reported.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is March 4, 2024.
What was Hyliion Holdings Corp.'s former name?
Hyliion Holdings Corp.'s former name was Tortoise Acquisition Corp.
In which state is Hyliion Holdings Corp. incorporated?
Hyliion Holdings Corp. is incorporated in Delaware.
What is the principal executive office address for Hyliion Holdings Corp.?
The principal executive office address is 1202 BMC Drive, Suite 100, Cedar Park, TX 78613.
Filing Stats: 442 words · 2 min read · ~1 pages · Grade level 9.7 · Accepted 2024-03-04 08:31:55
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 par value per share HYLN New York Stock
Filing Documents
- hyln-20240304.htm (8-K) — 26KB
- exhibit991030424.htm (EX-99.1) — 10KB
- 0001759631-24-000065.txt ( ) — 165KB
- hyln-20240304.xsd (EX-101.SCH) — 2KB
- hyln-20240304_lab.xml (EX-101.LAB) — 24KB
- hyln-20240304_pre.xml (EX-101.PRE) — 13KB
- hyln-20240304_htm.xml (XML) — 3KB
01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On March 4, 2024, Hyliion Holdings Corp. announced that it had received notice from the New York Stock Exchange that it was back in compliance with the minimum price listing requirement. A copy of the press release is attached as Exhibit 99.1.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated March 4, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused the report to be signed on its behalf by the undersigned hereunto duly authorized. HYLIION HOLDINGS CORP. By: /s/ Thomas Healy Date: March 4, 2024 Thomas Healy Chief Executive Officer