US hydrogen fuel cell truck firm Hyzon could be delisted from the Nasdaq stock exchange after its share price fell below $0.10.
The stock exchange told the company that its shares had closed below $0.10 for 10 consecutive trading days, breaching listing rules and determined to delist its common stock from its capital market.
Hyzon has said it intends to appeal the decision and will submit a plan to Nasdaq’s listing qualification staff to regain compliance with its rules by a reserve stock split.
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