LuxUrban Hotels Inc. filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Financial Statements and Exhibits
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| Item 3.01. | Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. |
On January 9, 2025, LuxUrban Hotels Inc. (the “Company”) received a notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company has failed to hold its annual meeting of shareholders within twelve months following the end of its fiscal year. As a result, the Company no longer satisfies the requirements set forth under Nasdaq Listing Rules 5620(a) and 5810(c)(2)(G) (the “Listing Rules”) for continued listing. The notice further requests that the Company submit its written response regarding this additional deficiency to Nasdaq no later than January 16, 2025.
The notice has no effect at this time on the listing of the Company’s common stock or preferred stock, which will continue to trade uninterrupted under the symbol “LUXH” and “LUXHP” respectively. The Company intends to submit the required materials addressing this additional deficiency and will evaluate all available options to regain compliance with Nasdaq’s listing standards.
| Item 9.01 | Financial Statements and Exhibits |
| Exhibit | Description | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
| 1 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: January 10, 2025 | LUXURBAN HOTELS INC. | ||
| By: | /s/ Michael James | ||
| Name: | Michael James | ||
| Title: | Chief Finaicial Officer | ||
| 2 |