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NASDAQ Grants View, Inc. Stay of Delisting and a Hearing for March 31, 2022

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View, Inc. (NASDAQ: VIEW) announced that Nasdaq will hold a hearing on March 31, 2022, regarding its plan to regain compliance with listing requirements. The Nasdaq Hearings Panel has approved an extension that halts the delisting process, allowing View to present its case during the hearing.

This follows challenges the company has faced related to compliance with Nasdaq’s rules. The outcome of the hearing will be crucial for View’s future on the exchange.

Positive
  • Nasdaq has granted a hearing for compliance reinstatement on March 31, 2022.
  • The suspension of delisting has been extended, allowing more time for compliance.
Negative
  • The company is currently facing compliance issues with Nasdaq listing requirements.

MILPITAS, Calif., March 08, 2022 (GLOBE NEWSWIRE) -- View, Inc. (NASDAQ: VIEW), the leader in smart building technologies, today announced that Nasdaq has granted View a hearing for March 31, 2022, to present its plan to regain compliance with applicable listing requirements. Additionally, the Nasdaq Hearings Panel granted View’s request to extend the stay of suspension, which stops the delisting process until Nasdaq has made its determination following the hearing on March 31, 2022.

Forward-Looking Statements

This press release and certain materials View files with the SEC, as well as information included in oral statements or other written statements made or to be made by View, other than statements of historical fact, contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as amended. These forward-looking statements are based on current expectations, estimates, assumptions, projections, and management’s beliefs, that are subject to change. There can be no assurance that these forward-looking statements will be achieved; these statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond View’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. View’s business is subject to a number of risks which are described more fully in View’s definitive proxy statement filed with the SEC on February 16, 2021, as amended on February 23, 2021, which is incorporated by reference into its Current Report on Form 8-K filed on March 12, 2021. View undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof.

About View

View is the leader in smart building technologies that transform buildings to improve human health and experience, reduce energy consumption and carbon emissions, and generate additional revenue for building owners. View Smart Windows use artificial intelligence to automatically adjust in response to the sun, eliminating the need for blinds and increasing access to natural light. Every View installation includes a cloud-connected smart building platform that can easily be extended to reimagine the occupant experience. View is installed and designed into more than 90 million square feet of buildings including offices, hospitals, airports, educational facilities, hotels, and multi-family residences. For more information, please visit: www.view.com.

For further information:

Investors: 
Samuel Meehan
View, Inc.
IR@View.com
408-493-1358


FAQ

What is the significance of View's hearing on March 31, 2022?

The hearing will determine if View can regain compliance with Nasdaq listing requirements and avoid delisting.

How has Nasdaq responded to View's compliance issues?

Nasdaq granted View a hearing to present its compliance plan and extended the stay of suspension, halting the delisting process.

What is the current status of View's Nasdaq listing?

View is under review for compliance with Nasdaq listing requirements, with a hearing scheduled for March 31, 2022.

View, Inc.

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