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Advent Technologies Holdings Receives Nasdaq Notice on Late Filing of its Form 10-K

GlobeNewswire LogoGlobeNewswire2d ago

Advent Technologies Holdings Receives Nasdaq Notice on Late Filing of its Form 10-K - GlobeNewswire

Quick Summary:

Applicable risks and uncertainties include, among others, the Company’s ability to maintain the listing of the Company’s common stock on Nasdaq; future financial performance; public securities’ potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance Advent’s corporate reputation and brand; expectations concerning its relationships and actions with technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company’s business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading "Risk Factors” in Advent’s Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC”) on August 13, 2024, as well as the other information filed with the SEC.

Advent Technologies Holdings, Inc.announced today that, as expected, it received a notice from Nasdaq on April 16, 2025, notifying the Company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 ("Fiscal Year 2024 10-K”) was not filed with the Securities and Exchange Commission (the "SEC”) by the required due date of March 31, 2025.

The Company continues to work diligently to complete its Fiscal Year 2024 10-K and continues to target filing its Fiscal Year 2024 10-K with the SEC by April 30, 2025, with subsequent periodic filings made on-time, after which the Company anticipates maintaining compliance with its SEC reporting obligations.

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Article Details

Author / Journalist: Advent Technologies Holdings, Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-17 @ 00:00:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 734 words

Reading Time: 5 minutes read

Sentences: 22 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 27957074

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 12 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 12 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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