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noco-noco Inc NCNC


Primary Symbol: NCNCF

noco-noco Inc. is a Singapore-based technology solutions provider working to accelerate the global transformation to a decarbonized economy. It is engaged in the leasing of battery products, including batteries and battery electric vehicles (BEVs) to commercial transportation companies, and of energy storage system (ESS) to renewable power plants and other power plants requiring grid stabilization and backup power and carbon abatement solutions for landowners and carbon credit sales. Its primary pipeline products include X-SEPA separator and lithium manganese iron phosphate (LMFP) cathode. The X-SEPA lengthens battery life and provides a high level of thermal stability by enabling batteries to have high heat-resistant performance without compromising performance at low temperatures. Lithium iron phosphate (LFP) batteries are increasingly used in place of nickel cobalt aluminum (NCA) and nickel manganese cobalt (NMC) batteries.


GREY:NCNCF - Post by User

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Post by Iseneschalon Nov 25, 2024 8:08am
36 Views
Post# 36328650

NCNC...delisted at the opening bell 11/25/25

NCNC...delisted at the opening bell 11/25/25They were warned by the SEC....

https://www.sec.gov/Archives/edgar/data/1964021/999999999724004131/filename1.pdf


Here is todays NR :

noco-noco Inc to Appeal Nasdaq Delisting Determination

2024-11-25 04:39 PT - News Release

Singapore, Nov. 25, 2024 (GLOBE NEWSWIRE) --

SINGAPORE, November 25, 2024 — noco-noco Inc. (“noco-noco” or the “Company”), a next-generation battery technology innovator, today announced that, on November 22, 2024 Singapore Time, it has received a determination letter from The Nasdaq Stock Market’s Hearings Panel (the “Panel”) notifying the Company of its decision to delist noco-noco’s securities due to non-compliance with Nasdaq’s continued listing requirements. The Panel determined that the Company’s securities will be suspended from trading on Nasdaq at the open of business on November 25, 2024.

The Company intends to appeal the Panel’s decision to the Nasdaq Listing and Hearing Review Council (the “Listing Council”) within the applicable 15-day appeal period. While the initiation of the appeal will not automatically stay the suspension, the Company is taking concrete measures to regain compliance with Nasdaq’s listing requirements.

Impact on Operations
The delisting notice will have no material impact on the Company’s operations, and noco-noco will continue to focus on driving performance growth and operational efficiency. The Company remains committed to creating value for shareholders and strengthening its position as a leader in next-generation energy storage technology. 

 

About noco-noco:
noco-noco Inc. (Nasdaq NCNC) is a technology solutions provider in the energy transition sector working to accelerate the global transformation to a decarbonized economy. Building its business on X-SEPA™ — the revolutionary battery separator technology developed in Japan and designed for long-lasting and high heat-resistant performance— noco-noco addresses the need for clean, affordable, and sustainable energy storage solutions. 

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