{"id":838388,"date":"2025-04-16T20:06:30","date_gmt":"2025-04-17T00:06:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/advent-technologies-holdings-receives-nasdaq-notice-on-late-filing-of-its-form-10-k\/"},"modified":"2025-04-16T20:06:30","modified_gmt":"2025-04-17T00:06:30","slug":"advent-technologies-holdings-receives-nasdaq-notice-on-late-filing-of-its-form-10-k","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/advent-technologies-holdings-receives-nasdaq-notice-on-late-filing-of-its-form-10-k\/","title":{"rendered":"Advent Technologies Holdings Receives Nasdaq Notice on Late Filing of its Form 10-K"},"content":{"rendered":"
\n

LIVERMORE, Calif., April 16, 2025 (GLOBE NEWSWIRE) — (NASDAQ: ADN). Advent Technologies Holdings, Inc. announced today that, as expected, it received a notice from Nasdaq on April 16, 2025, notifying the Company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2024 (\u201cFiscal Year 2024 10-K\u201d) was not filed with the Securities and Exchange Commission (the \u201cSEC\u201d) by the required due date of March 31, 2025.<\/p>\n

This Notice received from Nasdaq has no immediate effect on the listing or trading of the Company’s shares. Nasdaq has provided the Company with 60 calendar days, until Sunday, June 16, 2025, to submit a plan to regain compliance. If Nasdaq accepts the Company\u2019s plan, then Nasdaq may grant the Company an exception until October 13, 2025, as instructed by the Letter, to regain compliance with the Nasdaq Listing Rules.<\/p>\n

The Company expects and intends to submit to Nasdaq the compliance plan by April 30, 2025. The Company continues to work diligently to complete its Fiscal Year 2024 10-K and continues to target filing its Fiscal Year 2024 10-K with the SEC by April 30, 2025, with subsequent periodic filings made on-time, after which the Company anticipates maintaining compliance with its SEC reporting obligations.<\/p>\n

This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.<\/p>\n

\n About Advent Technologies Holdings, Inc.<\/strong>
\n
Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems as well as supplying customers with critical components for fuel cells in the renewable energy sector. Advent is headquartered in Livermore, CA, with offices in Athens, Patras and Kozani Greece. With approximately 150 patents issued, pending, and\/or licensed for fuel cell technology, Advent holds the IP for next-generation HT-PEM that enables various fuels to function at high temperatures and under extreme conditions, suitable for the automotive, aviation, defense, oil and gas, marine, and power generation sectors. For more information, visit\u00a0www.advent.energy<\/u><\/a>.<\/p>\n

\n Cautionary Note Regarding Forward-Looking Statements<\/strong>
\n
This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as \u201canticipate,\u201d \u201cexpect,\u201d \u201cplan,\u201d \u201ccould,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cforecast,\u201d \u201cgoal,\u201d \u201cproject,\u201d and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company\u2019s ability to maintain the listing of the Company\u2019s common stock on Nasdaq; future financial performance; public securities\u2019 potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance Advent\u2019s corporate reputation and brand; expectations concerning its relationships and actions with technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company\u2019s business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading \u201cRisk Factors\u201d in Advent\u2019s Annual Report on Form 10-K filed with the Securities and Exchange Commission (\u201cSEC\u201d) on August 13, 2024, as well as the other information filed with the SEC. Investors are cautioned not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read Advent\u2019s filings with the SEC, available at\u00a0www.sec.gov<\/u><\/a>, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. Advent\u2019s business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.<\/p>\n

\n Advent Technologies Holdings, Inc.<\/strong>
\n
\n
\n press@advent.energy<\/u>
\n <\/a>\n <\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

LIVERMORE, Calif., April 16, 2025 (GLOBE NEWSWIRE) — (NASDAQ: ADN). Advent Technologies Holdings, Inc. announced today that, as expected, it received a notice from Nasdaq on April 16, 2025, notifying the Company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2024 (\u201cFiscal Year 2024 10-K\u201d) was not filed with the Securities and Exchange Commission (the \u201cSEC\u201d) by the required due date of March 31, 2025. This Notice received from Nasdaq has no immediate effect on the listing or trading of the Company’s shares. Nasdaq has provided the Company with 60 calendar days, until … <\/p>\n

Continue reading “Advent Technologies Holdings Receives Nasdaq Notice on Late Filing of its Form 10-K”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-838388","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAdvent Technologies Holdings Receives Nasdaq Notice on Late Filing of its Form 10-K - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/advent-technologies-holdings-receives-nasdaq-notice-on-late-filing-of-its-form-10-k\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Advent Technologies Holdings Receives Nasdaq Notice on Late Filing of its Form 10-K - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LIVERMORE, Calif., April 16, 2025 (GLOBE NEWSWIRE) — (NASDAQ: ADN). Advent Technologies Holdings, Inc. announced today that, as expected, it received a notice from Nasdaq on April 16, 2025, notifying the Company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2024 (\u201cFiscal Year 2024 10-K\u201d) was not filed with the Securities and Exchange Commission (the \u201cSEC\u201d) by the required due date of March 31, 2025. This Notice received from Nasdaq has no immediate effect on the listing or trading of the Company’s shares. 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