Advent Technologies Faces Nasdaq Compliance Notification

Advent Technologies Holdings received a notice from Nasdaq on April 16, 2025, for failing to file its 2024 Annual Report by the required deadline, resulting in non-compliance with Nasdaq's listing rules. The notice does not immediately affect the company's stock listing or trading, and Advent has until June 16, 2025, to submit a compliance plan, with a possible extension to October 13, 2025, if the plan is accepted. The company intends to file the overdue report by April 30, 2025, and aims to maintain timely SEC reporting moving forward. Advent, a developer and manufacturer of fuel cell systems, continues to face financial challenges and negative market sentiment, as reflected by recent technical and analyst assessments. Despite these setbacks, Advent is working to address compliance issues and improve its financial standing to reassure investors and meet regulatory requirements.