KULR Regains Compliance with NYSE American Stockholders’ Equity Requirement
18 Diciembre 2024 - 7:30AM
KULR Technology Group, Inc. (NYSE American: KULR)
(the "Company" or "KULR"), a leader in advanced energy management
platforms, announced it has received official notice from the NYSE
American LLC (the “Exchange”) confirming that the Company has
regained compliance with all continued listing standards set forth
in Part 10 of the NYSE American Company Guide (the “Company
Guide”).
The Company had previously been cited for non-compliance with
Sections 1003(a)(i), (ii) and (iii) of the Company Guide, as
detailed in the Exchange’s letter dated December 20, 2023. To
resolve the deficiency, the Company has since demonstrated
compliance with the applicable standards for two consecutive
quarters, pursuant to Section 1009(f) of the Company Guide, and no
further deficiencies remain outstanding.
Accordingly, the below compliance (“.BC”) indicator was removed,
effective at the opening of trading on December 17, 2024. The
Company was also removed from the list of NYSE American
noncompliant issuers on the Exchange’s website. Moving forward, the
Company will remain subject to the Exchange’s standard continued
listing monitoring procedures.
For more information, visit www.kulrtechnology.com.
About KULR Technology Group Inc.KULR Technology
Group Inc. (NYSE American: KULR) delivers cutting edge energy
storage solutions for space, aerospace, and defense by leveraging a
foundation of in-house battery design expertise, comprehensive cell
and battery testing suite, and battery fabrication and production
capabilities. The Company’s holistic offering allows delivery of
commercial-off-the-shelf and custom next generation energy storage
systems in rapid timelines for a fraction of the cost compared to
traditional programs. For more information, please
visit www.kulrtechnology.com.
Safe Harbor StatementThis release contains
certain forward-looking statements based on our current
expectations, forecasts and assumptions that involve risks and
uncertainties. Forward-looking statements in this release are based
on information available to us as of the date hereof. Our actual
results may differ materially from those stated or implied in such
forward-looking statements, due to risks and uncertainties
associated with our business, which include the risk factors
disclosed in our Form 10-K filed with the Securities and Exchange
Commission on April 12, 2024, as may be amended or supplemented by
other reports we file with the Securities and Exchange Commission
from time to time. Forward-looking statements include statements
regarding our expectations, beliefs, intentions, or strategies
regarding the future and can be identified by forward-looking words
such as “anticipate,” “believe,” “could,” “estimate,” “expect,”
“intend,” “may,” “should,” and “would” or similar words. All
forecasts are provided by management in this release are based on
information available at this time and management expects that
internal projections and expectations may change over time. In
addition, the forecasts are entirely on management’s best estimate
of our future financial performance given our current contracts,
current backlog of opportunities and conversations with new and
existing customers about our products and services. We assume no
obligation to update the information included in this press
release, whether as a result of new information, future events or
otherwise.
Investor Relations:KULR Technology Group,
Inc.Phone: 858-866-8478 x 847Email: ir@kulrtechnology.com
KULR Technology (AMEX:KULR)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024
KULR Technology (AMEX:KULR)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024