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PARTS iD Inc - ID STOCK NEWS

Welcome to our dedicated news page for PARTS iD (Ticker: ID), a resource for investors and traders seeking the latest updates and insights on PARTS iD.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PARTS iD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PARTS iD's position in the market.

Rhea-AI Summary
PARTS iD, Inc. (ID) received notification from the NYSE that it will be delisted and trading of its Class A common stock has been suspended. The company filed for bankruptcy under Chapter 11, leading to the delisting proceedings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.67%
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Rhea-AI Summary
PARTS iD, Inc. (ID) received a notice from NYSE American indicating non-compliance with listing standards due to delayed Quarterly Report filing. The Company has a six-month Initial Cure Period to file the Form 10-Q with the SEC and may receive an additional six-month cure period if needed. Although the Notice has no immediate effect on the listing of the Company's securities, there is no assurance of regaining compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.61%
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none
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Rhea-AI Summary
PARTS iD, Inc. has received a notice from NYSE American stating that it is not in compliance with the continued listing standard due to its low stock price. The company must effect a reverse stock split or demonstrate sustained price improvement by April 27, 2024. If the stock trades at an abnormally low level, accelerated delisting action may be taken. The company previously received a notice regarding non-compliance with stockholders' equity requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
34.29%
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none
Rhea-AI Summary
PARTS iD, Inc. (NYSE American: ID) has announced that the NYSE American has accepted the company's business plan to regain compliance with the Exchange's continued listing standards regarding stockholders' equity. The company received a notification on May 23, 2023, stating that it was not in compliance with the listing standards. The company submitted a plan of compliance on June 22, 2023, and on August 8, 2023, it received notice that the plan was accepted and a plan period was granted until November 23, 2024, to regain compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.43%
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Rhea-AI Summary
PARTS iD announces two new funding agreements that deliver $7.0 million in immediate proceeds. The funding will be used to repay outstanding debt and for general working capital needs. The Company aims to enhance profitability and grow its share of the automotive parts industry.
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Rhea-AI Sentiment
End-of-Day
23.13%
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Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
13.79%
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Rhea-AI Summary
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-4.76%
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News
Rhea-AI Summary
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-0.43%
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End-of-Day
-14.94%
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Rhea-AI Sentiment
End-of-Day
-13.99%
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conferences
PARTS iD Inc

NYSE:ID

ID Rankings

ID Stock Data

2.10M
14.64M
65.98%
0.72%
0.94%
Advertising Agencies
Professional, Scientific, and Technical Services
Link
United States
Cranbury

About ID

parts id, inc. is a technology-driven, digital commerce company focused on creating custom infrastructure and unique user experiences within niche markets. parts id was originally founded in 2008 as onyx enterprises int’l, corp. its vision was to create a one-stop digital commerce destination for the automotive parts and accessories market. this was achieved via carid.com, which has become the premier category leading marketplace. the success of carid inspired pursuit of our long-term strategy to scale into similar markets via our proprietary built, modular digital commerce technology platform. while our core focus continues to be automotive, in august 2018, we launched seven new verticals (including boatid.com, motorcycleid.com, camperid.com and more). all these retail marketplaces address similar market challenges and focus on the enthusiasts’ needs by implementing our seamless shopping experience using proprietary tools and techniques. in november 2020, onyx merged with legacy acq