SRIVARU Holding Received Nasdaq Panel Decision on Delisting Notice & Company AppealedGRAND CAYMAN, Cayman Islands, Jan. 21, 2025 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited, an exempted company incorporated with limited liability under the laws of the Cayman Islands (the “Company”), issued a press release on January 21, 2025, announcing that it had received a determination from Nasdaq on January 17, 2025, to delist the Company’s shares for failure to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq’s Marketplace Rule 5450(a)(1). The Company’s ordinary shares began trading on a reverse share split adjusted basis on Nasdaq as of the open of trading on January 15, 2025, but failed to close with a bid price greater than $1.00. The Company formally appealed the Nasdaq’s determination on January 20, 2025, and is awaiting the Nasdaq’s response. Notwithstanding the appeal, the Company has been notified that trading in the Company’s ordinary shares will be suspended at the open of trading on January 22, 2025.
SVM Day 2025: SVM Day Summary – Celebrating Innovation and GrowthGRAND CAYMAN, Cayman Islands, Jan. 15, 2025 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH) (“SRIVARU” or the “Company”), a leading name in EV motorcycle innovation, is thrilled to announce the successful commencement of its much-anticipated annual event, SVM Day. This event marks the company’s continued commitment to shaping the future of personal mobility through cutting-edge technology, sustainability, and user-centric design. This SVM Day brought together stakeholders, customers, and enthusiasts to celebrate innovation, showcase achievements, and outline the company’s exciting vision for the future.
SRIVARU (SVMH) Begins PRANA 2.0 Vehicle Deliveries and Revenue GenerationGRAND CAYMAN, CAYMAN ISLANDS / ACCESSWIRE / October 14, 2024 / SRIVARU Holding Limited (Nasdaq: SVMH, SVMHW) ("SRIVARU" or the "Company"), a manufacturer of premium electric motorcycles, today announced the commencement of customer deliveries for its PRANA 2.0 models, including the PRANA Grand and PRANA Elite. This milestone also signifies the beginning of the Company's revenue generation phase.
MicroCap Rodeo’s Spring into Summer Conference, June 6th 2024 - 25 Presenting CompaniesNEW YORK, NY / ACCESSWIRE / June 6, 2024 / Today the MicroCap Rodeo - Spring into Summer will take place in-person on Thursday, June 6th, 2024 and host the executive management teams of 25 microcap companies.
