KULR Regains Compliance with NYSE American Stockholders’ Equity Requirement
KULR Technology Group (NYSE American: KULR) has successfully regained compliance with all NYSE American continued listing standards, as confirmed by official notice from the Exchange. The company had previously been cited for non-compliance with Sections 1003(a)(i), (ii) and (iii) of the NYSE American Company Guide on December 20, 2023. KULR demonstrated compliance for two consecutive quarters, leading to the removal of the below compliance ('.BC') indicator on December 17, 2024. The company has been removed from the Exchange's list of noncompliant issuers and will continue under standard listing monitoring procedures.
KULR Technology Group (NYSE American: KULR) ha recuperato con successo la conformità a tutti gli standard di quotazione continua della NYSE American, come confermato da un avviso ufficiale dell'Exchange. L'azienda era stata precedentemente segnalata per non conformità con le Sezioni 1003(a)(i), (ii) e (iii) del Company Guide della NYSE American il 20 dicembre 2023. KULR ha dimostrato la conformità per due trimestri consecutivi, portando alla rimozione dell'indicatore di non conformità ('.BC') il 17 dicembre 2024. L'azienda è stata rimossa dall'elenco degli emittenti non conformi dell'Exchange e continuerà sotto le normali procedure di monitoraggio della quotazione.
KULR Technology Group (NYSE American: KULR) ha recuperado con éxito el cumplimiento de todos los estándares de cotización continua de la NYSE American, como lo confirma un aviso oficial de la Bolsa. La compañía había sido citada anteriormente por no cumplir con las Secciones 1003(a)(i), (ii) y (iii) de la Guía de la Compañía de la NYSE American el 20 de diciembre de 2023. KULR demostró cumplimiento durante dos trimestres consecutivos, lo que llevó a la eliminación del indicador de no cumplimiento ('.BC') el 17 de diciembre de 2024. La compañía ha sido eliminada de la lista de emitenes no conformes de la Bolsa y continuará bajo los procedimientos estándar de monitoreo de cotización.
KULR Technology Group (NYSE American: KULR)가 NYSE American의 모든 상장 지속 기준을 성공적으로 회복했으며, 이는 거래소의 공식 통지에서 확인되었습니다. 이 회사는 2023년 12월 20일 NYSE American 회사 가이드의 섹션 1003(a)(i), (ii) 및 (iii) 위반으로 이전에 지적되었습니다. KULR는 두 분기 연속으로 준수를 입증하여 2024년 12월 17일에 준수 지표('.BC')가 제거되었습니다. 이 회사는 거래소의 비준수 발행자 목록에서 제외되었으며, 표준 상장 모니터링 절차를 계속 진행할 것입니다.
KULR Technology Group (NYSE American: KULR) a réussi à retrouver la conformité avec toutes les normes de cotation continue de la NYSE American, comme le confirme un avis officiel de la Bourse. L'entreprise avait été précédemment citée pour non-conformité avec les Sections 1003(a)(i), (ii) et (iii) du Guide de l'entreprise de la NYSE American le 20 décembre 2023. KULR a démontré sa conformité pendant deux trimestres consécutifs, ce qui a conduit à la suppression de l'indicateur de non-conformité ('.BC') le 17 décembre 2024. L'entreprise a été rayée de la liste des émetteurs non conformes de la Bourse et continuera à être surveillée selon les procédures de cotation standard.
KULR Technology Group (NYSE American: KULR) hat erfolgreich die Einhaltung aller fortlaufenden Listing-Standards der NYSE American wiederhergestellt, was durch eine offizielle Mitteilung der Börse bestätigt wird. Das Unternehmen war zuvor am 20. Dezember 2023 wegen Nichteinhaltung der Abschnitte 1003(a)(i), (ii) und (iii) des NYSE American Company Guide angeführt worden. KULR hat die Einhaltung über zwei aufeinanderfolgende Quartale nachgewiesen, was zur Entfernung des Nichteinhaltungsindikators ('.BC') am 17. Dezember 2024 führte. Das Unternehmen wurde von der Liste der nicht konformen Emittenten der Börse gestrichen und wird weiterhin unter den Standardüberwachungsverfahren für Listings fortfahren.
- Regained full compliance with NYSE American listing requirements
- Removed from Exchange's noncompliant issuers list
- Maintained compliance for two consecutive quarters
- None.
Insights
HOUSTON, Dec. 18, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leader in advanced energy management platforms, announced it has received official notice from the NYSE American LLC (the “Exchange”) confirming that the Company has regained compliance with all continued listing standards set forth in Part 10 of the NYSE American Company Guide (the “Company Guide”).
The Company had previously been cited for non-compliance with Sections 1003(a)(i), (ii) and (iii) of the Company Guide, as detailed in the Exchange’s letter dated December 20, 2023. To resolve the deficiency, the Company has since demonstrated compliance with the applicable standards for two consecutive quarters, pursuant to Section 1009(f) of the Company Guide, and no further deficiencies remain outstanding.
Accordingly, the below compliance (“.BC”) indicator was removed, effective at the opening of trading on December 17, 2024. The Company was also removed from the list of NYSE American noncompliant issuers on the Exchange’s website. Moving forward, the Company will remain subject to the Exchange’s standard continued listing monitoring procedures.
For more information, visit www.kulrtechnology.com.
About KULR Technology Group Inc.
KULR Technology Group Inc. (NYSE American: KULR) delivers cutting edge energy storage solutions for space, aerospace, and defense by leveraging a foundation of in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities. The Company’s holistic offering allows delivery of commercial-off-the-shelf and custom next generation energy storage systems in rapid timelines for a fraction of the cost compared to traditional programs. For more information, please visit www.kulrtechnology.com.
Safe Harbor Statement
This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on April 12, 2024, as may be amended or supplemented by other reports we file with the Securities and Exchange Commission from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management’s best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Investor Relations:
KULR Technology Group, Inc.
Phone: 858-866-8478 x 847
Email: ir@kulrtechnology.com
FAQ
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