<p>2025 年 1 月 21 日- 下午 2:50</p>
<p>开曼群岛大开曼，2025 年 1 月 21 日（GLOBE NEWSWIRE）-- SRIVARU Holding Limited 是一家根据开曼群岛法律注册的有限责任豁免公司（以下简称 “公司”），于 2025 年 1 月 21 日发布新闻稿，宣布其于 2025 年 1 月 17 日收到纳斯达克的决定，因未能恢复符合纳斯达克市场规则 5450(a)(1) 的每股最低 1.00 美元的出价要求而被摘牌。公司的普通股自 2025 年 1 月 15 日开盘交易以来，已按反向股票拆分调整的基础开始交易，但未能以超过 1.00 美元的出价收盘。公司于 2025 年 1 月 20 日正式对纳斯达克的决定提出上诉，并在等待纳斯达克的回应。尽管上诉仍在进行中，公司已被通知其普通股的交易将在 2025 年 1 月 22 日开盘时暂停。</p>
<p>尽管公司承认我们股票的当前价格已低于这一门槛，但公司认为存在重大特殊情况，值得重新考虑我们的上市状态。我们股价的持续下跌可归因于一些持有未到期认股权证的股东采取的异常且相称的影响。具体而言，这些认股权证持有者通过出售股票来影响交易量——在重置期间的公司加权平均价格（VWAP），该期间包括最近反向股票拆分前两天和后三天。尽管这种做法在法律范围内，但却扭曲了我们股票的市场价值，未能反映 SRIVARU Holding Limited 的真实业务表现和基本面。这些行为对我们股价的下行压力产生了显著影响，妨碍了我们满足最低出价要求的能力。公司正在与认股权证持有者进行接洽，以全面和最终解决未到期认股权证的问题，以解决出价问题。</p>
<p><strong>关于 SRIVARU</strong></p>
<p>SRIVARU Holding Limited 是一家开曼群岛的豁免公司，是 SRIVARU Motor Private Ltd.的母公司，后者是一家致力于在印度设计和制造高端电动摩托车的商业阶段提供商。SRIVARU 的成立源于对骑行者与摩托车关系的深刻理解，意识到这一关系复杂而深厚，但迫切需要为下一代骑行者进行创新。SRIVARU 提供经济实惠的高端电动二轮车（E2W），为用户提供卓越的骑行体验，配备冗余的三通道自动制动系统、低重心以提高稳定性、增强的安全特性以及与家庭充电插座兼容的便捷充电。公司拥有广泛的知识产权，包括一项待申请专利的底盘和驱动加速系统。此外，SRIVARU 为客户提供与传统内燃机摩托车和电动二轮车竞争对手相比的优越总拥有成本。SRIVARU 还监督一家制造子公司，该子公司将在实现公司可持续和创新出行愿景中发挥关键作用。有关公司的更多信息，请访问：http://www.srivarumotors.com/。SRIVARU 专注于创新、可持续性和性能，旨在重新定义出行的未来。</p>
<p><strong>前瞻性声明</strong></p>
<p>本通讯可能包含 1995 年《私人证券诉讼改革法》定义的多项 “前瞻性声明”。前瞻性声明包括有关 SRIVARU 可能或假定的未来运营结果、商业战略、债务水平、竞争地位、行业环境、潜在增长机会和监管影响的信息。这些前瞻性声明基于 SRIVARU 管理层当前的预期、估计、预测和信念，以及对未来事件的一系列假设。当在本通讯中使用时，词语 “估计”、“预测”、“期望”、“预期”、“预测”、“计划”、“打算”、“相信”、“寻求”、“可能”、“将”、“应该”、“未来”、“提议” 及这些词的变体或类似表达（或这些词或表达的否定版本）旨在识别前瞻性声明。</p>
<p>这些前瞻性声明并不保证未来的表现、状况或结果，并涉及许多已知和未知的风险、不确定性、假设以及其他重要因素，其中许多因素超出了 SRIVARU 管理层的控制，这可能导致实际结果与前瞻性声明中讨论的结果存在重大差异。这些风险、不确定性、假设和其他重要因素包括但不限于：(a) 可能对 SRIVARU 或其他人提起的任何法律诉讼的结果；(b) 无法获得融资以完成公司的计划扩展；(c) 无法成功上诉纳斯达克的退市决定；(d) SRIVARU 或其子公司的当前计划和运营可能受到干扰的风险；(e) 实现业务合并预期收益的能力，这可能受到竞争等因素的影响；(f) SRIVARU 盈利增长和管理增长的能力，维护与客户和供应商的关系以及留住管理层和关键员工的能力；(g) 与持续运营相关的成本；(h) SRIVARU 可能受到其他经济、商业和/或竞争因素的不利影响的可能性；(i) SRIVARU 执行其商业计划和战略的能力；(j) SRIVARU 对费用和盈利能力的估计；以及 (k) SRIVARU 在向 SEC 提交的公开文件中不时指出的其他风险和不确定性，包括其中的 “风险因素”。</p>
<p>前瞻性声明仅在作出时有效。读者被提醒不要过度依赖前瞻性声明，SRIVARU 不承担任何义务，除法律要求外，不打算更新或修订这些前瞻性声明，无论是由于新信息、未来事件还是其他原因。</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RNek5UTXdOQ00yTnpBek56YzFJekl5T0RVNE5URT0?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RNek5UTXdOQ00yTnpBek56YzFJekl5T0RVNE5URT0"/></p>
<p><img src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/MDlmNjI3OTYtMWY1YS00MzBmLWJkN2EtMzdkYTUwNWU2ZjBiLTEyOTc0MDE=/tiny/SRIVARU-Holding.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/MDlmNjI3OTYtMWY1YS00MzBmLWJkN2EtMzdkYTUwNWU2ZjBiLTEyOTc0MDE=/tiny/SRIVARU-Holding.png"/></p>

SVMH

SVUHF

<p>SRIVARU Holding Limited 收到了纳斯达克的退市通知，原因是未能维持每股最低报价 $1.00。该公司已对此决定提出上诉，并在等待回应，但其股票交易将于 2025 年 1 月 22 日暂停。股价下跌归因于权证持有者出售股票的行为，这扭曲了股票的市场价值。SRIVARU 正在积极与这些持有者沟通以解决问题，并认为有重要情况值得重新考虑其上市状态</p>

<p>01/21/2025 - 02:50 PM</p>
<div class="lb-trans"><p>2025 年 1 月 21 日- 下午 2:50</p>
</div><p>GRAND CAYMAN, Cayman Islands, Jan. 21, 2025 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited, an exempted company incorporated with limited liability under the laws of the Cayman Islands (the “ <strong>Company</strong>”), issued a press release on January 21, 2025, announcing that it had received a determination from Nasdaq on January 17, 2025, to delist the Company’s shares for failure to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq’s Marketplace Rule 5450(a)(1). The Company’s ordinary shares began trading on a reverse share split adjusted basis on Nasdaq as of the open of trading on January 15, 2025, but failed to close with a bid price greater than $1.00. The Company formally appealed the Nasdaq’s determination on January 20, 2025, and is awaiting the Nasdaq’s response. Notwithstanding the appeal, the Company has been notified that trading in the Company’s ordinary shares will be suspended at the open of trading on January 22, 2025.</p>
<div class="lb-trans"><p>开曼群岛大开曼，2025 年 1 月 21 日（GLOBE NEWSWIRE）-- SRIVARU Holding Limited 是一家根据开曼群岛法律注册的有限责任豁免公司（以下简称 “公司”），于 2025 年 1 月 21 日发布新闻稿，宣布其于 2025 年 1 月 17 日收到纳斯达克的决定，因未能恢复符合纳斯达克市场规则 5450(a)(1) 的每股最低 1.00 美元的出价要求而被摘牌。公司的普通股自 2025 年 1 月 15 日开盘交易以来，已按反向股票拆分调整的基础开始交易，但未能以超过 1.00 美元的出价收盘。公司于 2025 年 1 月 20 日正式对纳斯达克的决定提出上诉，并在等待纳斯达克的回应。尽管上诉仍在进行中，公司已被通知其普通股的交易将在 2025 年 1 月 22 日开盘时暂停。</p>
</div><p>While the Company acknowledge the current price of our shares has dipped below this threshold, the Company believe that there are significant extenuating circumstances that warrant reconsideration of our listing status. The ongoing decline in our share price can be attributed to the unusual and is proportionate impact of actions taken by some holders of outstanding warrants. Specifically, these warrant holders have engaged in selling shares to influence the volume - the Company weighted average price (VWAP) during the reset period, which includes two days prior to and three days after the recent reverse stock split. This practice, while within legal boundaries, has distorted our stock's market value and fails to reflect the true underlying business performance and fundamentals ofSRIVARU Holding Limited. These actions have contributed significantly to the downward pressure on our stock price, impeding our ability to meet the minimum bid price requirement. The Company is in the midst of engaging with the warrant holders for a full and final settlement of outstanding warrants to resolve the bid price issue.</p>
<div class="lb-trans"><p>尽管公司承认我们股票的当前价格已低于这一门槛，但公司认为存在重大特殊情况，值得重新考虑我们的上市状态。我们股价的持续下跌可归因于一些持有未到期认股权证的股东采取的异常且相称的影响。具体而言，这些认股权证持有者通过出售股票来影响交易量——在重置期间的公司加权平均价格（VWAP），该期间包括最近反向股票拆分前两天和后三天。尽管这种做法在法律范围内，但却扭曲了我们股票的市场价值，未能反映 SRIVARU Holding Limited 的真实业务表现和基本面。这些行为对我们股价的下行压力产生了显著影响，妨碍了我们满足最低出价要求的能力。公司正在与认股权证持有者进行接洽，以全面和最终解决未到期认股权证的问题，以解决出价问题。</p>
</div><p><strong>About SRIVARU</strong></p>
<div class="lb-trans"><p><strong>关于 SRIVARU</strong></p>
</div><p>SRIVARU Holding Limited, a Cayman Islands exempted company, is the parent company of SRIVARU Motor Private Ltd., a commercial-stage provider dedicated to designing and manufacturing premium electric motorcycles in India. SRIVARU was founded on the realization that while the rider-motorcycle relationship is deep and complex, it is in desperate need of innovation for the next generation of riders. SRIVARU provides affordable premium E2W vehicles that provide an exceptional riding experience with redundant 3-channel automated braking, a low center of gravity to improve stability, enhanced safety features, and easy charging compatible with home charging outlets. The Company has a broad array of intellectual property, including a patent-pending chassis and drive acceleration system. In addition, SRIVARU offers customers a superior total cost of ownership compared to traditional internal combustion engine motorcycles and E2W vehicle competitors. SRIVARU additionally oversees a manufacturing subsidiary set to play a crucial role in achieving the company’s vision for sustainable and innovative mobility. Additional information about the company is available at: http://www.srivarumotors.com/. With a focus on innovation, sustainability, and performance, SRIVARU aims to redefine the future of mobility.</p>
<div class="lb-trans"><p>SRIVARU Holding Limited 是一家开曼群岛的豁免公司，是 SRIVARU Motor Private Ltd.的母公司，后者是一家致力于在印度设计和制造高端电动摩托车的商业阶段提供商。SRIVARU 的成立源于对骑行者与摩托车关系的深刻理解，意识到这一关系复杂而深厚，但迫切需要为下一代骑行者进行创新。SRIVARU 提供经济实惠的高端电动二轮车（E2W），为用户提供卓越的骑行体验，配备冗余的三通道自动制动系统、低重心以提高稳定性、增强的安全特性以及与家庭充电插座兼容的便捷充电。公司拥有广泛的知识产权，包括一项待申请专利的底盘和驱动加速系统。此外，SRIVARU 为客户提供与传统内燃机摩托车和电动二轮车竞争对手相比的优越总拥有成本。SRIVARU 还监督一家制造子公司，该子公司将在实现公司可持续和创新出行愿景中发挥关键作用。有关公司的更多信息，请访问：http://www.srivarumotors.com/。SRIVARU 专注于创新、可持续性和性能，旨在重新定义出行的未来。</p>
</div><p><strong>Forward Looking Statements</strong></p>
<div class="lb-trans"><p><strong>前瞻性声明</strong></p>
</div><p>This communication may contain a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning SRIVARU’s possible or assumed future results of operations, business strategies, debt levels, competitive position, industry environment, potential growth opportunities and the effects of regulation, respectively. These forward-looking statements are based on SRIVARU’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. When used in this communication, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements.</p>
<div class="lb-trans"><p>本通讯可能包含 1995 年《私人证券诉讼改革法》定义的多项 “前瞻性声明”。前瞻性声明包括有关 SRIVARU 可能或假定的未来运营结果、商业战略、债务水平、竞争地位、行业环境、潜在增长机会和监管影响的信息。这些前瞻性声明基于 SRIVARU 管理层当前的预期、估计、预测和信念，以及对未来事件的一系列假设。当在本通讯中使用时，词语 “估计”、“预测”、“期望”、“预期”、“预测”、“计划”、“打算”、“相信”、“寻求”、“可能”、“将”、“应该”、“未来”、“提议” 及这些词的变体或类似表达（或这些词或表达的否定版本）旨在识别前瞻性声明。</p>
</div><p>These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside SRIVARU’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the outcome of any legal proceedings that may be instituted against SRIVARU or others; (b) the inability to obtain financing to complete the Company’s planned expansion; (c) the inability to successfully appeal the Nasdaq’s delisting determinations; (d) the risk that current plans and operations of SRIVARU or its subsidiaries may be disrupted; (e) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition; (f) the ability of SRIVARU to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) costs related to ongoing operations; (h) the possibility that SRIVARU may be adversely affected by other economic, business, and/or competitive factors; (i) SRIVARU’s ability to execute its business plans and strategies, (j) SRIVARU’s estimates of expenses and profitability; and (k) other risks and uncertainties indicated from time to time in SRIVARU’s public filings with the SEC, including those under “Risk Factors” therein.</p>
<div class="lb-trans"><p>这些前瞻性声明并不保证未来的表现、状况或结果，并涉及许多已知和未知的风险、不确定性、假设以及其他重要因素，其中许多因素超出了 SRIVARU 管理层的控制，这可能导致实际结果与前瞻性声明中讨论的结果存在重大差异。这些风险、不确定性、假设和其他重要因素包括但不限于：(a) 可能对 SRIVARU 或其他人提起的任何法律诉讼的结果；(b) 无法获得融资以完成公司的计划扩展；(c) 无法成功上诉纳斯达克的退市决定；(d) SRIVARU 或其子公司的当前计划和运营可能受到干扰的风险；(e) 实现业务合并预期收益的能力，这可能受到竞争等因素的影响；(f) SRIVARU 盈利增长和管理增长的能力，维护与客户和供应商的关系以及留住管理层和关键员工的能力；(g) 与持续运营相关的成本；(h) SRIVARU 可能受到其他经济、商业和/或竞争因素的不利影响的可能性；(i) SRIVARU 执行其商业计划和战略的能力；(j) SRIVARU 对费用和盈利能力的估计；以及 (k) SRIVARU 在向 SEC 提交的公开文件中不时指出的其他风险和不确定性，包括其中的 “风险因素”。</p>
</div><p>Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and SRIVARU assumes no obligation and, except as required by law, do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.</p>
<div class="lb-trans"><p>前瞻性声明仅在作出时有效。读者被提醒不要过度依赖前瞻性声明，SRIVARU 不承担任何义务，除法律要求外，不打算更新或修订这些前瞻性声明，无论是由于新信息、未来事件还是其他原因。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RNek5UTXdOQ00yTnpBek56YzFJekl5T0RVNE5URT0" alt="" original-src="https://www.globenewswire.com/newsroom/ti?nf=OTMzNTMwNCM2NzAzNzc1IzIyODU4NTE="/></p>
<p><img src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/MDlmNjI3OTYtMWY1YS00MzBmLWJkN2EtMzdkYTUwNWU2ZjBiLTEyOTc0MDE=/tiny/SRIVARU-Holding.png" alt="" original-src="https://ml.globenewswire.com/media/MDlmNjI3OTYtMWY1YS00MzBmLWJkN2EtMzdkYTUwNWU2ZjBiLTEyOTc0MDE=/tiny/SRIVARU-Holding.png"/></p>

SRIVARU Holding Received Nasdaq Panel Decision on Delisting Notice & Company Appealed | SVMH Stock News

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SRIVARU Holding 收到了纳斯达克关于退市通知的决定，公司已提出上诉 | SVMH 股票新闻