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Nasdaq delisting notice

Company: Core Scientific

Subject kind
regulatory
Statement date
2023-04-03
Current status
stated

The claim, verbatim

Received delisting notice from Nasdaq on December 22, 2022 determining common stock would be delisted due to Chapter 11 cases and concerns about sustained compliance with listing requirements

Source (primary)

Core Scientific 10-K filed 2023-04-04 (SEC EDGAR, sec_filing)
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Quote: “On December 22, 2022, the Company received written notice (the "Delisting Notice") from Nasdaq notifying the Company that, as a result of the Chapter 11 Cases... the staff of Nasdaq had determined that the Company's common stock would be delisted from Nasdaq. In the Delisting Notice, the staff of Nasdaq referenced concerns about the Company's ability to sustain compliance with all requirements for continued listing on Nasdaq and public interest concerns related to the Chapter 11 Cases”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Core Scientific 10-K filed 2023-04-04

Quote: “On December 22, 2022, the Company received written notice (the "Delisting Notice") from Nasdaq notifying the Company that, as a result of the Chapter 11 Cases... the staff of Nasdaq had determined that the Company's common stock would be delisted from Nasdaq. In the Delisting Notice, the staff of Nasdaq referenced concerns about the Company's ability to sustain compliance with all requirements for continued listing on Nasdaq and public interest concerns related to the Chapter 11 Cases”

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