AERWINS Technologies Inc. (AWIN)

Aerwins Technologies (NASDAQ: AWIN ) stock is plummeting on Tuesday as the company's shares are going to be delisted today! Aerwins Technologies was sent a delisting notice from the Nasdaq Hearings Panel earlier this year about the danger of its delisting.

Popular meme stocks are falling today, but a few companies are still rising steadily. One company that has surged this week and remains in the green is Aerwins Technologies (NASDAQ: AWIN ), an aerospace technology producer based in Japan.

LOS ANGELES, CA, April 23, 2024 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (Nasdaq: AWIN) (“AERWINS” or “the Company”) today announced that on April 17, 2024, the Company received an Additional Staff Delisting Determination (the “Additional Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”). The Additional Staff Determination noted that the Company is now delinquent in filing its Form 10-K for the period ended December 31, 2023 (the “Form 10-K”), which additional delinquency may serve as a separate basis for the delisting of the Company's securities from Nasdaq. The Additional Staff Determination notified the Company that the Nasdaq Hearings Panel (the “Panel”) will consider this matter in their decision regarding the Company's continued listing on The Nasdaq Capital Market and that it should present its views with respect to this additional deficiency to the Panel in writing no later than April 24, 2024.

LOS ANGELES, CA, March 28, 2024 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (Nasdaq: AWIN) (“AERWINS” or “the Company”) today announced that the Company's board of directors has resolved to effectuate a reverse stock split of AERWINS's issued and outstanding common stock, par value $0.000001 per share (“Common Stock”) and has determined the ratio to be 1-for-100. AERWINS's stockholders previously approved the reverse stock split and granted the board of directors the authority to determine the exact split ratio and when to proceed with the reverse stock split at the Company's Annual Meeting of Stockholders held on November 20, 2023.

Aerwins Technologies (NASDAQ: AWIN ) stock is on the rise Tuesday despite the solar technology company getting a delisting notice. That notice comes from the Listing Qualifications Department of the Nasdaq Exchange.

Tokyo, Japan--(Newsfile Corp. - October 9, 2023) - AERWINS Technologies Inc. (NASDAQ: AWIN) ("AERWINS" or the "Company") announced today its Board of Directors has approved the establishment of a United States subsidiary in Los Angeles, California to pursue the redesign of its XTURISMO Ltd Edition prototype 1 hoverbike (the "XTURISMO"). These plans are intended to position the XTURISMO more favorably for wider markets, including the United States and Europe and to seek certification of the XTURISMO by the U.S. Federal Aviation Administration (the "FAA").

Aerwins Technologies (NASDAQ: AWIN ) stock is falling on Tuesday but it's not due to any negative news from the Japanese air mobility. Instead, shares of AWIN stock are sliding lower on Tuesday following a major rally on Monday.

Aerwins Technologies (NASDAQ: AWIN ) stock is rocketing higher on Monday after the Japanese air mobility company announced plans for an upcoming shareholder meeting. According to a press release from Aerwins Technologies, the company intends to hold its annual shareholder meeting on Nov. 20, 2023.

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Tokyo, Japan--(Newsfile Corp. - July 17, 2023) - AERWINS Technologies Inc. (NASDAQ: AWIN) ("AERWINS" or the "Company") is excited to announce it has unveiled the blueprint for a revolution in personal transportation - XTURISMO™. AERWINS has developed the technology for its new hovercraft launching to market later this year after receiving necessary approvals from the Japan Civil Aviation Bureau (JCAB), the equivalent Japanese air mobility regulatory body to the U.S. Federal Aviation Administration (FAA).

AERWINS has lost a chunk of its initial valuation. Its hoverbike product is a luxury item that, in my view, lacks a real practical use. The company has seen its revenues decline year-over-year, and its liquidity makes it prone to future dilution of shareholders.

TOKYO, May 19, 2023 (GLOBE NEWSWIRE) — AERWINS Technologies Inc. (NASDAQ: AWIN) (“AERWINS” or the “Company”), the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, announced today it has appointed Kiran Sidhu as the Chairman of the Board of Directors, effective immediately. […]...

TOKYO, April 13, 2023 (GLOBE NEWSWIRE) — AERWINS Technologies Inc. (NASDAQ: AWIN) (“AERWINS” or the “Company”), the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, announced today that it has executed a definitive Securities Purchase Agreement (the “SPA”) with Lind Global Fund […]...

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Aerwins Technology Inc.'s stock lost about 56% of its value on Monday after the blank-check company Pono Capital completed its acquisition of the maker of battery-powered flying motorcycles.