Summary by Moomoo AI
Sunworks, Inc., a company listed on the Nasdaq Stock Market LLC, is set to be removed from listing effective at the opening of the trading session on April 19, 2024. The decision for delisting was made after Nasdaq Staff reviewed information provided by Sunworks and concluded that the company no longer met the requirements for listing based on Listing Rules 5101, 5110(b), and IM-5101-1. Sunworks was initially notified of this determination on February 6, 2024, and the company's securities were suspended on February 15, 2024. Sunworks did not appeal the decision, and the delisting became final on the same day of the suspension. The formal notification of removal from listing and registration was filed with the SEC on April 9, 2024, by Aravind Menon, Hearings Advisor for Nasdaq.