Startup EV maker Electric Last Mile notified of listing noncompliance by Nasdaq

Electric Last Mile Solutions laid off a quarter of its employees last month amid financial distress for the Troy-based electric delivery van maker. (Electric Last Mile Solutions)

By:

Crain's Detroit Business

April 13, 2022 11:31 AM

The Nasdaq Stock Market has notified Electric Last Mile Solutions Inc. that the EV startup has fallen out of compliance with its listing rules, signaling more trouble for the struggling company.

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