6-K - NWTN, Inc. (0001932737) (Filer)
6-K - NWTN, Inc. (0001932737) (Filer)
6-K - NWTN, Inc. (0001932737) (Filer)
DUBAI, United Arab Emirates, May 24, 2024 (GLOBE NEWSWIRE) -- NWTN Inc. (NASDAQ:NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world ("NWTN" or the "Company"), today announced that it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Annual Report on Form 20-F for the period ended December 31, 2023 (the "Form 20-F") with the Securities and Exchange Commission (the "SEC"). The Nasdaq notification letter has no immediate effect on the listing or trading o
DUBAI, UAE, May 10, 2024 /PRNewswire/ -- NWTN Inc. (NASDAQ:NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world ("NWTN" or the "Company"), today issues this announcement to its shareholders. The company has seen a significant increase in its shares' volatility in the last few days. The company would like to remind its shareholders that they can ask their brokerages NOT to lend their shares in order to reduce the number of shares being sold short. The public float of the company shares is still relatively small. Thus, an increase in short selling could quickly drive the share price down. If shares are currently loaned ou
DUBAI, UAE, Jan. 4, 2024 /PRNewswire/ -- NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world ("NWTN" or the "Company"), today announced its unaudited financial results for the six months ended June 30, 2023. Financial Highlights (all results compared to the same period of prior year period unless otherwise noted) Revenue was $0.6 million, which was nil for the six months ended June 30, 2022. Gross margin was 10.8%, which was nil for the six months ended June 30, 2022. Net loss was $69.8 million, which was $9.2 million for the six months ended June 30, 2022. Inventories amounted to $51.7 mill
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