LIMEMORE, CALIFORNIA, April 16, 2025 (Globe Newswire) – (Nasdaq: ADN). Advent Technologies Holdings, Inc. heeft vandaag aangekondigd dat het, zoals verwacht, op 16 april 2025 een kennisgeving van NASDAQ heeft ontvangen, waarbij het het bedrijf op de hoogte te stellen dat het niet in overeenstemming is met de periodieke archiveringsvereisten voor voortdurende vermelding uiteengezet in NASDAQ Listing Regel 5250 (c) (1) omdat het jaarlijkse jaarlijkse jaar 31 december-21 december 2024 (FISCAL JAAR 2024 1024 1024 (FISCAL JAAR 2024 1024 1024
Receiving this notification from Nasdaq has no immediate effect on the offer or treatise of the shares of the company. Nasdaq has provided the company until Sunday 16 June 2025 60 calendar days to submit a plan to regain compliance. If Nasdaq accepts the company’s plan, Nasdaq can grant the company an exception until October 13, 2025, as instructed by the letter, to regain compliance with the Nasdaq statement rules.
The company expects and is planning to submit the compliance plan to Nasdaq on 30 April 2025.
This announcement is made in accordance with the Nasdaq rule 5810 (B), for which rapid disclosure of a receipt of a deficit is required.
About Advent Technologies Holdings, Inc.
Advent Technologies Holdings, Inc. is an American company that develops, produces complete fuel cell systems, as well as supplying customers of critical components for fuel cells in the renewable energy sector. Advent has its headquarters in Livermore, CA, with offices in Athens, Patras and Kozani Greece. With approximately 150 spent patents, pending and/or license for fuel cell technology, Advent contains the IP for the next generation of HT-Pem with which various fuels can function at high temperatures and under extreme conditions, suitable for automobile, aviation, defense, defense, oil and gas, navy, naval generation and flow generation. For more information, visit http://www.advent.eenergy.
Warning remark about future -oriented statements
This press release contains future -oriented statements. These future -oriented statements can generally be identified by the use of words such as ‘anticipating’, ‘expected’, ‘plan’, ‘can’, ‘May’, ‘Will’, ‘faith’, ‘estimate’, ‘prediction’, ‘goal’, ‘project’ and other words of comparable meaning. Every future -oriented statement in this press release is subject to risks and uncertainties that can ensure that the actual results differ material from that expressed or implied by such a statement. Applicable risks and uncertainties include, among other things, the ability of the company to maintain the mention of the company’s ordinary shares on Nasdaq; future financial performance; Potential liquidity and trade of public effects; Impact of the outcome of a well -known and unknown lawsuit; ability to predict and maintain a sufficient speed of revenue growth and to plan the costs correctly; expectations with regard to future expenses; Future mix of income and effect on gross margins; Attraction and preservation of qualified directors, officers, employees and key staff; ability to effectively compete in a competing industry; ability to protect and improve the company reputation and the brand of Advent; Expectations with regard to his relationships and actions with technology partners and other third parties; Impact of future legal, judicial and legislative changes in the industry; ability to find and acquire complementary technologies or services and to integrate them into the activities of the company; future regulations 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 that have been identified in the context of the heading “Risk factors” in the annual report of Advent on Form 10-K submitted to the Securities and Exchange Commission (“SEC”) on August 13, 2024, as well as the other information submitted to the SEC. Investors are warned not to give substantial dependence on the future -oriented statements in this press release. You will be encouraged to read the Advent archives at the SEC, available on http://www.sec.govFor a discussion of these and other risks and uncertainties. The future -oriented statements in this press release only speak from the date of this document, and the company has not obliged an obligation to update or revise one of these statements. The company of Advent is subject to substantial risks and uncertainties, including the aforementioned. Investors, potential investors and others must carefully consider these risks and uncertainties.
Advent Technologies Holdings, Inc.
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