Hyzon Motors, a global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), has announced that the Nasdaq Hearings Panel has granted its request for continued listing of its securities on The Nasdaq Capital Market until May 15, 2023. This will allow Hyzon to regain compliance with the Nasdaq Listing Rule 5250(c)(1), also known as the “Periodic Filing Rule.”
The decision was made following a hearing on March 16, 2023, where Hyzon presented a comprehensive plan to regain compliance and requested the continued listing of its securities on The Nasdaq Capital Market pending such compliance. The extension is conditional on Hyzon Motors filing all delinquent reports with the U.S. Securities and Exchange Commission (SEC) on or before May 15, 2023, in compliance with the Periodic Filing Rule.
Hyzon’s goal is to provide sustainable transportation solutions that reduce greenhouse gas emissions and improve air quality. With continued support from Nasdaq and its partners, Hyzon is well-positioned to achieve its mission and continue to make a positive impact on the environment.