Oatly Faces Nasdaq Minimum Bid Price Non-Compliance

TL;DR

Oatly's stock price is too low for Nasdaq Stockholm, risking delisting.

AI Summary

Oatly Group AB received a notification on September 5, 2024, from Nasdaq indicating that the company is not in compliance with the minimum bid price requirement for continued listing on the Nasdaq Stockholm. The company must regain compliance within a specified period, which may involve a reverse stock split.

Why It Matters

Failure to meet minimum bid price requirements can lead to delisting from a major stock exchange, impacting investor confidence and liquidity.

Risk Assessment

Risk Level: medium — Non-compliance with exchange listing rules poses a significant risk to the company's market presence and investor accessibility.

Key Players & Entities

• Oatly Group AB (company) — Registrant
• Nasdaq Stockholm (company) — Stock Exchange
• September 5, 2024 (date) — Notification Date

FAQ

Key Financial Figures

• $1.00 — pany’s ADSs had closed below the $1.00 per share minimum bid price required fo

Filing Documents

• otly_6k_nasdaq_notice_92.htm (6-K) — 24KB
• 0000950170-24-104394.txt ( ) — 25KB

Forward looking statements

Forward looking statements This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any express or implied statements contained in this document that are not statements of historical fact may be deemed to be forward-looking statements, including statements that include the words “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “anticipate,” “will,” “aim,” “potential,” “continue,” “is/are likely to” and similar statements of a future or forward-looking nature. Forward-looking statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation: general economic conditions including high inflationary cost pressures; our history of losses and inability to achieve or sustain profitability; any failure to obtain necessary capital when needed on acceptable terms; a cybersecurity incident or other technology disruptions; changing consumer preferences and our ability to adapt to new or changing preferences; and the other important factors discussed under the caption “Risk Factors” in Oatly’s Annual Report on Form 20-F for the year ended December 31, 2023 filed with the SEC on March 22, 2024, and other filings with the SEC as such factors may be updated from time to time. Any forward-looking statements contained in this document speak only as of the date hereof and accordingly undue reliance should not be placed on such statements. Oatly disclaims any obligation or undertaking to update or revise any forward-looking statements contained in this document, whether as a result of new information, future e

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Oatly Group AB Date: September 6, 2024 By: /s/ Marie-José David Marie-José David Chief Financial Officer

View Full Filing

View this 6-K filing on SEC EDGAR