false 0001744494 0001744494 2024-11-27 2024-11-27 0001744494 adn:CommonStockParValue0.0001PerShareMember 2024-11-27 2024-11-27 0001744494 adn:WarrantsToPurchaseOneShareOfCommonStockEachAtExercisePriceOf345.00Member 2024-11-27 2024-11-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 27, 2024

 

 

 

Advent Technologies Holdings, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-38742   83-0982969

(State or other jurisdiction

of incorporation)

   (Commission
File Number)		   (IRS Employer
Identification No.)

 

5637 La Ribera St.

Suite A

Livermore, CA 94550

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (925) 455-9400

 

 

 

Check the appropriate box below if the Form 8−K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a−12 under the Exchange Act (17 CFR 240.14a−12)
   
☐ Pre−commencement communications pursuant to Rule 14d−2(b) under the Exchange Act (17 CFR  240.14d−2(b))
   
☐ Pre−commencement communications pursuant to Rule 13e−4(c) under the Exchange Act (17 CFR 240.13e− 4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol   Name of each exchange on which registered
Common stock, par value $0.0001 per share   ADN   The Nasdaq Stock Market LLC
Warrants to purchase one share of common stock, each at an exercise price of $345.00   ADNWW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

On November 22, 2024, Advent Technologies Holdings, Inc. (the “Company”) received a letter (the “Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that it is not in compliance with periodic requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2024 was not filed with the Securities and Exchange Commission by the required due date of November 20, 2024. This Letter received from Nasdaq has no immediate effect on the listing or trading of the Company’s shares.

 

Under Nasdaq rules, the Company now has until Tuesday, January 21, 2025, to submit a plan to regain compliance with Nasdaq Listing Rules. If Nasdaq accepts the Company’s plan, Nasdaq may grant an exception until Monday, May 19, 2025, as instructed by the Letter, to regain compliance with the Nasdaq Listing Rules. However, there is no assurance that Nasdaq will accept the Company’s plan to regain compliance or, if accepted, that the Company will be able to regain compliance with Nasdaq’s rules by May 19, 2025.

 

The Company expects and intends to submit to Nasdaq a compliance plan no later than January 21, 2025.

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: November 27, 2024

 

  Advent Technologies Holdings, Inc.
     
  By:

/s/ Gary Herman

  Name:  Gary Herman
  Title: Chief Executive Officer

 

2

 

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Cover
Nov. 27, 2024
Document Type 8-K
Amendment Flag false
Document Period End Date Nov. 27, 2024
Entity File Number 001-38742
Entity Registrant Name Advent Technologies Holdings, Inc.
Entity Central Index Key 0001744494
Entity Tax Identification Number 83-0982969
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 5637 La Ribera St.
Entity Address, Address Line Two Suite A
Entity Address, City or Town Livermore
Entity Address, State or Province CA
Entity Address, Postal Zip Code 94550
City Area Code (925)
Local Phone Number 455-9400
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Common stock, par value $0.0001 per share  
Title of 12(b) Security Common stock, par value $0.0001 per share
Trading Symbol ADN
Security Exchange Name NASDAQ
Warrants to purchase one share of common stock, each at an exercise price of $345.00  
Title of 12(b) Security Warrants to purchase one share of common stock, each at an exercise price of $345.00
Trading Symbol ADNWW
Security Exchange Name NASDAQ
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