Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On
As previously reported by CREG in Form 8-K filed with the
This notice from Nasdaq has no immediate effect on the listing of the Company's common stock on the Nasdaq Capital Market. As a result of this additional delinquency, the Company must submit an update to its original plan to regain compliance with respect to the filing requirement.
The Company expects and intends to submit the compliance plan including its
plans to file the Form 10-Q for the period ending
The statements contained in this Current Report on Form 8-K, and oral statements
made regarding the subjects of this Current Report on Form 8-K, contains
"forward-looking statements" within the meaning of the Securities Litigation
Reform Act of 1995, or the Reform Act, which may include, but are not limited
to, statements regarding the Company's estimates, plans, objectives,
expectations and intentions and other statements contained in this press release
that are not historical facts, including statements identified by words such as
"believe," "plan," "seek," "expect," "intend," "estimate," "anticipate," "will,"
and similar expressions. All statements addressing the Company's ability to
regain compliance with the Nasdaq listing requirements or to develop a plan
acceptable to Nasdaq for an extension of the 60 day grace period, as well as
statements expressing optimism or pessimism about future operating results are
forward-looking statements within the meaning of the Reform Act. The
forward-looking statements are based on management's current views and
assumptions regarding future events and operating performance, and are
inherently subject to significant uncertainties and contingencies and changes in
circumstances, many of which are beyond the Company's control. The statements in
this press release are made as of the date of this press release, even if
subsequently made available by the Company on its website or otherwise. The
Company does not undertake any obligation to update or revise these statements
to reflect events or circumstances occurring after the date of this Current
Report on Form 8-K. For additional factors that could cause results to differ
materially from forward-looking statements contained in this Current Report on
Form 8-K, see the cautionary language set forth before the "Management's
Discussion and Analysis of Financial Condition and Results of Operations" in
Item 2 of the Company's Quarterly Report on Form 10-Q for the quarter ended
Item 9.01 Financial Statements and Exhibits
(d) Exhibits Number Description 99.1 Press Release, datedAugust 25, 2022 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
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