Zapp Electric Vehicles Group Ltd. to be Delisted from Nasdaq, Trading Suspended on May 20, 2025
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Zapp Electric Vehicles Group Ltd. will be delisted from the Nasdaq Capital Market, with trading suspended on May 20, 2025, due to failure to meet minimum bid price and market value requirements. The company canceled its annual general meeting on May 15, 2025, due to lack of quorum, hindering its compliance plan. Zapp plans to trade on the OTC Pink Current Market and aims to qualify for OTCQB or OTCQX markets in the future.
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