ELMS - Electric Last Mile Solutions receives Nasdaq non-compliance letter
Electric Last Mile Solutions (NASDAQ:ELMS) has received a notice from Nasdaq related to the delayed filing of its 2021 annual report on Form 10-K. It has 60 calendar days from receipt of the notice or no later than May 31, 2022 to submit a plan to regain compliance. If the plan gets accepted, Nasdaq may grant an exception of up to 180 calendar days from the due date of the Form 10-K or until September 27, 2022 to regain compliance. The notice has no immediate effect on the listing or trading of the Company's common stock.
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Electric Last Mile Solutions receives Nasdaq non-compliance letter