NEW
YORK, Jan. 16, 2025 /PRNewswire/ --
Nukkleus, Inc. ("Nukkleus" or the "Company") (NASDAQ: NUKK)
announced today that it has been notified on Jan.15, 2025 that it
has regained compliance with the market value of listed securities
requirement as outlined in Nasdaq Listing Rule 5450(b)(2)(A)
and the market value of publicly held shares requirement as
outlined in Nasdaq Listing Rule 5450(b)(2&3)(C).
As a result, Nasdaq has officially canceled the hearing
scheduled for January 21,
2025, confirming that Nukkleus's securities will
continue to be listed and traded on The Nasdaq Stock Market.
This milestone highlights Nukkleus's commitment to meeting Nasdaq's
rigorous compliance standards and maintaining its position as a
publicly traded entity.
The management of the company believes this milestone
underscores its effective resolution of all compliance matters with
Nasdaq, allowing the Company to continue its pursuit of sustainable
growth and deliver lasting value to its stakeholders.
About Nukkleus Inc.
Nukkleus, Inc. (NASDAQ: NUKK) is a Nasdaq company focused on
innovative acquisition companies specializing in identifying,
acquiring, and transforming high-potential businesses across key
sectors, including defense, financial services, real estate,
industrial, and technology. Focused on driving growth, innovation,
and operational excellence, Nukkleus combines strategic investments
with unparalleled expertise to foster collaboration and sustainable
value creation. By leveraging market insights and advanced
solutions, the company accelerates growth and ensures long-term
success for its portfolio businesses, reshaping industries and
delivering measurable returns for stakeholders.
Forward-Looking Statements
This press release contains forward-looking statements. All
statements other than statements of historical facts are
"forward-looking statements" within the meaning of federal
securities laws. In some cases, you can identify forward-looking
statements by terminology such as "will," "would," "expect,"
"intend," "plan," "objective," or comparable terminology
referencing future events, conditions or circumstances, or the
negative of such terms. Although Nukkleus believes that it has a
reasonable basis for the forward-looking statements contained in
this press release, they are based on management's current beliefs
and expectations about future events and circumstances and are
subject to risks and uncertainties, all of which are difficult to
predict and many of which are beyond the Company's control. Risk
factors described under "Risk Factors" in Nukkleus' most recently
filed annual report on Form 10-K, as updated from time to time in
its quarterly reports on Form 10-Q and other filings with the
Securities and Exchange Commission, may cause actual results,
performance or achievements to differ materially from those
expressed or implied by forward-looking statements in this press
release. You are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the date on
which they were made. Nukkleus undertakes no obligation to update
any forward-looking statement contained in this press release to
reflect events that occur or circumstances that exist after the
date of this press release, except as required by law
For more information, please contact:
Yair
Ohayon
CMO
l@nukk.com
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SOURCE Nukkleus, Inc.