Getaround falls after receiving NYSE non-compliance notice

Getaround

26/04/2023 11:49

** Shares of online car rental service platform Getaround
Inc  GETR.N  down 3.1% at $0.63 premarket
    ** Company receives notice from NYSE stating that it is not
in compliance with a rule which requires timely filing of all
required periodic reports with SEC
    ** Received non-compliance notice because of failure to file
annual report on Form 10-K on time for the fiscal year ended
Dec. 31, 2022 - GETR
    ** Company intends to notify NYSE of its intent to cure
filing delinquency and return to compliance with the stock
exchange's continued listing standards
    ** Notice has no immediate impact on listing of GETR's
common stock - company
    ** GETR had disclosed in a March 31 filing that it was
unable to file its annual report on time as it requires
additional time to certain open audit and technical accounting
matters
    ** Up to last close, stock down 0.38% so far this year

 (Reporting by Ashwini Raj in Bengaluru)
 ((Ashwini.Raj@thomsonreuters.com))