GRNV GreenVision Aquisition Corporation

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

On January 4, 2023, we received written notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market, LLC (“Nasdaq”) stating that Nasdaq determined we were not in compliance with Nasdaq Listing Rule 5260(a) due to our failure to hold an annual meeting of the shareholders within the twelve months following our fiscal year ended December 31, 2021 (the “Annual Meeting”). The Notice has no immediate effect on the listing of our Class A common stock (symbol: HLBZ) or our warrants to purchase shares of Class A common stock (symbol: HLBZW) on the Nasdaq Capital Market.

The Notice stated that the failure to hold the Annual Meeting served as an additional basis for Nasdaq to consider delisting our securities on the Nasdaq Capital Market in addition to the fact that the Nasdaq Hearings Panel (the “Panel”) would consider the lack of an Annual Meeting as a factor in rendering a determination regarding our continued listing on The Nasdaq Capital Market. The letter further stated that, pursuant to Nasdaq Listing Rule 5810(d), we should present our views to the Panel with respect to the delinquency in holding our Annual Meeting.

We intend to present our views to the Panel with respect to the additional delinquency associated with the failure to timely hold the Annual Meeting, and to (i) note that we are reviewing our procedures with respect to Annual Meetings and (ii) request that the Panel grant an exception in order for us to hold the Annual Meeting at a later date. Under applicable Nasdaq Listing Rule 5815, the Panel has the discretion to grant an exception of up to 360 days following January 1, 2023, in order for us to hold the Annual Meeting. We cannot assure you, however, that the Panel will grant such an exception or grant our request for continued listing.