Simpple Ltd. Faces Nasdaq Listing Rule Concerns
Ticker: SPPL · Form: 6-K · Filed: Oct 28, 2024 · CIK: 1948697
| Field | Detail |
|---|---|
| Company | Simpple Ltd. (SPPL) |
| Form Type | 6-K |
| Filed Date | Oct 28, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: listing-rules, sec-filing, compliance
TL;DR
Nasdaq sent Simpple a letter about listing rules, company is working on it.
AI Summary
Simpple Ltd. received a notification letter from Nasdaq on April 26, 2024, regarding its non-compliance with continued listing rules. The company is currently in the process of addressing these concerns to maintain its listing on the Nasdaq Stock Market.
Why It Matters
This filing indicates potential challenges for Simpple Ltd. in maintaining its listing on a major stock exchange, which could impact investor confidence and stock liquidity.
Risk Assessment
Risk Level: medium — The company has received a notification from Nasdaq regarding continued listing rules, which poses a risk to its stock market listing.
Key Players & Entities
- SIMPPLE LTD. (company) — Registrant
- Nasdaq (company) — The Nasdaq Stock Market
- April 26, 2024 (date) — Date of Nasdaq notification
FAQ
What specific Nasdaq continued listing rule(s) did Simpple Ltd. fail to meet?
The filing states the company received a letter from Nasdaq's Listing Qualifications staff notifying it that it was not in compliance with continued listing rules, but does not specify which rules were violated.
When did Simpple Ltd. receive this notification from Nasdaq?
Simpple Ltd. received the notification letter from Nasdaq on April 26, 2024.
What is Simpple Ltd.'s principal executive office address?
Simpple Ltd.'s principal executive offices are located at 71 Ayer Rajah Crescent #03-07, Singapore 139951.
Is Simpple Ltd. filing its annual report on Form 20-F or 40-F?
Simpple Ltd. is filing its annual report on Form 20-F.
What is the SEC file number for Simpple Ltd.'s Form 6-K filing?
The SEC file number for this Form 6-K filing is 001-41798.
Filing Stats: 500 words · 2 min read · ~2 pages · Grade level 14.4 · Accepted 2024-10-25 18:30:02
Key Financial Figures
- $1 — o;), to maintain a minimum bid price of $1 per share. The Company was provided 180
Filing Documents
- form6-k.htm (6-K) — 20KB
- ex99-1.htm (EX-99.1) — 10KB
- 0001493152-24-042571.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. SIMPPLE LTD. Date: October 25, 2024 By: /s/ Schroeder Norman Name: Schroeder Norman Title: Chief Executive Officer and Director 3