Metalpha Regains Compliance with Nasdaq's Periodic Filing Requirement

Rhea-AI Summary

Metalpha Technology Holding (MATH) has announced regaining compliance with Nasdaq's periodic filing requirement under Listing Rule 5250(c)(1). The compliance was achieved after the company filed its Annual Report on Form 20-F for the fiscal year ended March 31, 2024, with the SEC on October 30, 2024. Metalpha, established in 2015, is a global digital asset-focused wealth management company that provides investing and wealth management services through its institutional-grade platform.

Positive

• Regained Nasdaq listing compliance
• Successfully filed Annual Report Form 20-F

Negative

• Previous non-compliance with Nasdaq filing requirements

HONG KONG, Nov. 1, 2024 /PRNewswire/ -- Metalpha Technology Holding Limited (Nasdaq: MATH) (the "Company" or "Metalpha"), a global digital asset-focused wealth management company, announced today that it has regained compliance with the periodic filing requirement set forth under Listing Rule 5250(c)(1) of The Nasdaq Stock Market LLC after filing its Annual Report on Form 20-F for the fiscal year ended March 31, 2024 with the U.S. Securities and Exchange Commission on October 30, 2024.

About Metalpha Technology Holding Limited

Founded in 2015, Metalpha Technology Holding Limited (Nasdaq: MATH) went public on October 20, 2017. The listed Company, through its subsidiaries, is dedicated to providing investing and wealth management services with a full-service, institutional-grade platform. With dedicated blockchain expertise, the Company aims to become a leader in the field of crypto wealth management services, bringing robust innovation and transparency to the customers and businesses it serves.

Forward-Looking Statements

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to" and similar statements. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management's control. These statements involve risks and uncertainties that may cause Metalpha's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

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SOURCE Metalpha Technology Holding Limited

FAQ

When did Metalpha (MATH) regain Nasdaq compliance?

Metalpha (MATH) regained Nasdaq compliance on October 30, 2024, after filing its Annual Report on Form 20-F for the fiscal year ended March 31, 2024.

What Nasdaq rule did Metalpha (MATH) comply with?

Metalpha (MATH) complied with Nasdaq Listing Rule 5250(c)(1), which pertains to periodic filing requirements.

What type of report did Metalpha (MATH) file to regain compliance?

Metalpha (MATH) filed its Annual Report on Form 20-F for the fiscal year ended March 31, 2024, with the SEC.