お知らせ • Jul 14
The Nasdaq Stock Market to Delist the Ordinary Shares of Heramba Electric The Nasdaq Stock Market announced that it will delist the ordinary shares and warrants of Heramba Electric plc. Heramba Electric plc’s securities were suspended on April 29, 2025 and have not traded on Nasdaq since that time. お知らせ • Apr 30
Heramba Electric plc(OTCPK:PITE.F) dropped from NASDAQ Composite Index Heramba Electric plc has been removed from NASDAQ Composite Index お知らせ • Mar 18
Heramba Electric Receives Notice from Nasdaq Regarding the Minimum Bid Price Requirement Heramba Electric plc announced that on March 11, 2025, it received a delinquency notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), indicating that the Company is not currently in compliance with the minimum bid price requirement set in Nasdaq's Listing Rules for continued listing on the Nasdaq Capital Market as the closing bid price for the Company's ordinary shares was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice provides that the Company has a period of 180 calendar days from the date of the Notice, or until September 8, 2025, to regain compliance with the minimum bid price requirement. The receipt of the Notice has no immediate effect on the Company's business operations or the listing of the Company's ordinary shares, which will continue to trade uninterrupted on the Nasdaq under the ticker "PITA" during the 180-day Notice period. If at any time before September 8, 2025, the bid price of the Company's ordinary shares closes at or above $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written confirmation of compliance to the Company. In the event that the Company does not regain compliance by September 8, 2025, the Company may be eligible for additional time to regain compliance. If the Company cannot demonstrate compliance by the allotted compliance period(s), Nasdaq's staff will notify the Company that its ordinary shares are subject to delisting. New Risk • Feb 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-€3.1m). Shareholders have been substantially diluted in the past year (172% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (US$18.1m market cap). お知らせ • Oct 23
Heramba Electric plc Announces Chief Financial Officer Changes Heramba Electric plc announced that effective as of October 16, 2024, Peter Muemmler resigned as Chief Financial Officer of the company. In connection with Mr. Muemmler's resignation, on October 18, 2024, the Board appointed Michele Molinari as the interim Chief Financial Officer of the Company, effective immediately. Mr. Molinari will also continue to serve as the Chief Executive Officer of the Company and as a member of the Board.