NasdaqCM:NXTTSoftware
Next Technology Holding (NXTT): Valuation in Focus After Nasdaq Delisting Threat and Major Equity Offerings
If you are following Next Technology Holding (NasdaqCM:NXTT), you have not missed the back-to-back corporate drama. The company is now facing a Nasdaq delisting process, following Nasdaq’s view that it operates as a public shell without an ongoing business. With a hearing scheduled for October, Next Technology Holding has appealed the decision and is pushing back against being removed from the exchange. In addition, within days the company completed a large equity offering and filed for...