Mynaric Faces Nasdaq Delisting Notice - What's Next?

• Mynaric AG received a delisting notice from Nasdaq on February 10, 2025, due to financial restructuring proceedings.
• The company is undergoing restructuring under the German Corporate Stabilization and Restructuring Act (StaRUG Proceeding).
• Trading of Mynaric's American Depositary Shares (ADS) will be suspended starting February 18, 2025.
• Mynaric has been non-compliant with several Nasdaq Listing Rules, including market value and filing requirements.
• The company does not intend to appeal Nasdaq's delisting determination.
• Mynaric specializes in laser communications products for various applications, with headquarters in Munich, Germany.

The price of Mynaric at the time of the news was 1,5375EUR and was down -15,52 % compared with the previous day.
16 minutes after the article was published, the price was 1,4750EUR this corresponds to a minus of -4,07 % since publication.

Mynaric

-3,46 %

-1,09 %

-5,23 %

-34,09 %

-96,17 %

-98,03 %

-98,42 %

-98,81 %

ISIN:DE000A31C305WKN:A31C30

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