NWTN Inc. Gets Nasdaq Filing Extension to Nov 11
Ticker: AIIOW · Form: 6-K · Filed: Aug 6, 2024 · CIK: 1932737
Sentiment: neutral
Topics: filing-extension, sec-compliance, nasdaq
Related Tickers: NWTN
TL;DR
NWTN got a Nasdaq extension until Nov 11 to file its 20-F, avoiding immediate delisting.
AI Summary
NWTN Inc. announced on August 6, 2024, that Nasdaq has granted the company an exception to Listing Rule 5250(c)(1). This exception provides NWTN Inc. with an extension until November 11, 2024, to file its Annual Report on Form 20-F for the fiscal year.
Why It Matters
This extension allows NWTN Inc. to avoid potential delisting from Nasdaq, providing more time to meet its reporting obligations.
Risk Assessment
Risk Level: medium — While the extension is positive, the need for it suggests ongoing challenges in meeting reporting requirements, which could still pose a risk.
Key Numbers
- November 11, 2024 — Filing Deadline Extension (This is the new date NWTN Inc. must file its Form 20-F by.)
Key Players & Entities
- NWTN Inc. (company) — The company filing the report and receiving the Nasdaq exception.
- Nasdaq Stock Market LLC (company) — The stock exchange that granted the exception.
- November 11, 2024 (date) — The new deadline for NWTN Inc. to file its Annual Report on Form 20-F.
- August 6, 2024 (date) — The date NWTN Inc. issued the press release announcing the exception.
FAQ
What specific rule did Nasdaq grant an exception for?
Nasdaq granted an exception to Listing Rule 5250(c)(1).
What is the new deadline for NWTN Inc. to file its Annual Report?
The new deadline is November 11, 2024.
What form is NWTN Inc. required to file?
NWTN Inc. is required to file its Annual Report on Form 20-F.
When did NWTN Inc. announce this exception?
NWTN Inc. announced this exception on August 6, 2024.
What is the consequence of not filing the report by the new deadline?
The filing implies that failure to meet the November 11, 2024 deadline could lead to issues with Nasdaq listing rules, potentially including delisting.
Filing Stats: 239 words · 1 min read · ~1 pages · Grade level 11.8 · Accepted 2024-08-06 16:30:03
Filing Documents
- ea0210707-6k_nwtninc.htm (6-K) — 11KB
- ea021070701ex99-1_nwtninc.htm (EX-99.1) — 8KB
- 0001213900-24-065696.txt ( ) — 20KB
From the Filing
OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 SECURITIES EXCHANGE ACT OF 1934 For the month of August 2024 Commission File Number: 001-41559 NWTN Inc. (Translation of registrant’s name into English) c/o Alan Nan WU Office 114-117, Floor 1, Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, UAE (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F Explanatory Note: On August 6, 2024, NWTN Inc. (the “Company”) issued a press release announcing that the Nasdaq Stock Market LLC (“Nasdaq”) has determined to grant the Company an exception to Listing Rule 5250(c)(1), giving the Company an extension, until November 11, 2024, to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1. EXHIBIT INDEX Number Description of Exhibit 99.1 Press Release dated August 6, 2024 1 SIGNATURE 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 hereunto duly authorized. Dated: August 6, 2024 NWTN Inc. By: /s/ Alan Nan Wu Name: Alan Nan Wu Title: Chief Executive Officer, Executive Director and Chairman 2