To address the delinquency, ETAO can request an appeal to a Hearings Panel as per the Nasdaq Listing Rule 5800 Series procedures. Following the hearing, the Panel will decide whether to grant an extended stay of delisting, with a conclusion expected no later than 15 calendar days after the deadline to request further stay.
ETAO can appeal to a Hearings Panel for an extended stay of delisting under Nasdaq Listing Rule 5800 Series procedures, with a decision expected within 15 calendar days of the request.