OSCEOLA, AR / ACCESSWIRE / April 21, 2023 / Envirotech Autos, Inc. (NASDAQ:EVTV), (“EVTV” or “the Firm”), introduced these days that it bought a notification letter from the Nasdaq Stock Market, LLC stating that the Firm became as soon as now not in compliance with Nasdaq Itemizing Rule 5250(c)(1) due to its failure to well timed file its Annual File on Effect 10-K for the duration ended December 31, 2022 (“Effect 10-K”).
Nasdaq’s notification letter states that the Firm has 60 calendar days to post to Nasdaq a thought to acquire compliance with the Nasdaq Itemizing Principles. If Nasdaq accepts the Firm’s thought, then Nasdaq would possibly presumably also impartial grant the Firm up to 180 days from the prescribed due date for filing the Effect 10-K to acquire compliance.
The Firm is diligently working to file its Effect 10-K and expects to acquire compliance with the Nasdaq Itemizing Rule.
About Envirotech Autos
Envirotech Autos, Inc. is a provider of aim-constructed, zero-emission electrical automobiles centered on reducing the total fee of vehicle ownership and helping hasty operators unlock the advantages of inexperienced technology. EVTV serves commercial and supreme-mile fleets, faculty districts, public and non-public transportation provider companies, and academic institutions to meet the increasing seek recordsdata from for heavy-duty electrical automobiles. EVTV’s automobiles cope with the challenges of frail gas-ticket fee instability and native, remark and federal environmental regulatory compliance. For more recordsdata, consult with www.evtvusa.com.
Cautionary Observation In the case of Forward-Taking a safe out about Statements
Statements made in this press launch that repeat to future plans, events, monetary outcomes, potentialities or performance are ahead-taking a safe out about statements. While they’re in step with the new expectations and beliefs of management, such ahead-taking a safe out about statements are arena to a assortment of dangers, uncertainties, assumptions and other factors that would reason accurate outcomes to differ materially from the expectations expressed in this press launch, including the dangers and uncertainties disclosed in experiences filed by Envirotech Autos, Inc. with the Securities and Commerce Commission, all of which can presumably be available on-line at www.sec.gov. All statements, moreover statements of historic truth, are statements that will be deemed ahead-taking a safe out about statements, including statements containing the phrases “planned,” “anticipated,” “believes,” “procedure,” “replacement,” “anticipated,” “outlook,” “designed,” and identical phrases. Readers are cautioned now to now not remark undue reliance on these ahead-taking a safe out about statements, which convey ideal as of the date hereof. Apart from as required by law, Envirotech Autos undertakes no duty to update or revise any ahead-taking a safe out about statements to specialize in new recordsdata, modified conditions or unanticipated events.
Phone: (646) 200-8873
Email: [email protected]
Sue Emry, Executive Vice President
Phone: (870) 970-3355
Email: [email protected]
SOURCE: Envirotech Autos, Inc