NEW
YORK, May 19, 2023 /PRNewswire/
-- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company")
today announced that on May 19, 2023, the Company
received a notice (the "10-Q Notice") from the staff of the Nasdaq
Listing Qualifications department (the "Staff") of The Nasdaq Stock
Market LLC ("Nasdaq") stating that because the Company has not yet
filed its Form 10-Q for the period ended March 31,
2023 (the "Form 10-Q"), the Company is not in compliance with
Nasdaq Listing Rules for continued listing.
About Ideanomics
Ideanomics (NASDAQ: IDEX) is a global group with a simple
mission: to accelerate the commercial adoption of electric
vehicles. By bringing together vehicles and charging technology
with design, implementation, and financial services, we provide the
completeness of solutions needed for the commercial world to commit
to an EV future. To keep up with Ideanomics, please follow the
company on social @ideanomicshq or
visit https://ideanomics.com.
Safe Harbor Statement
This press release contains "forward-looking statements" within
the meaning of the federal securities laws. All statements other
than statements of historical fact included herein are
"forward-looking statements." These forward-looking statements are
often identified by the use of forward-looking terminology such as
"believes," "expects," or similar expressions, involve known and
unknown risks and uncertainties, and include the statement
regarding the completion of the business combination within a
certain period of time, if ever. Although the Company believes that
the expectations reflected in such forward-looking statements are
reasonable, they do involve assumptions, risks, and uncertainties,
and these expectations may prove to be incorrect. You should not
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of risks
and uncertainties, such as risks related to: our ability to obtain
necessary regulatory approvals and other risks and uncertainties
disclosed under the sections entitled "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition and
Results of Operations" in our most recent Form 10-K and Form 10-Q
filed with the Securities and Exchange Commission, and similar
disclosures in subsequent reports filed with the SEC, which are
available on the SEC website at www.sec.gov. All
forward-looking statements attributable to the Company or persons
acting on its behalf are expressly qualified in their entirety by
these risk factors. Other than as required under the securities
laws, the Company does not assume a duty to update these
forward-looking statements.
Contacts:
Tony Sklar, SVP of Investor
Relations
1441 Broadway, Suite 5116, New York,
NY 10018
ir@ideanomics.com
Theodore Rolfvondenbaumen, Communications Director
trolfvondenbaumen@ideanomics.com
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SOURCE Ideanomics