KULR Technology Group Regains Compliance with NYSE American Continued Listing Standards
May 06 2024 - 8:30AM
KULR Technology Group, Inc. (NYSE American: KULR)
(the "Company" or "KULR"), a global leader in safe and
high-performance energy storage solutions, today announced that on
May 01, 2024, the Company received written notification from the
NYSE American LLC ("NYSE American") stating that the Company has
regained compliance with the NYSE American’s continued listing
standards set forth in Part 10 of the NYSE American Company Guide.
Specifically, the Company has resolved the continued listing
deficiency with respect to the low selling price of its common
stock as described in Section 1003(f)(v) of the NYSE American
Company Guide due to shares of its common stock demonstrating
sustained price improvement.
"We are excited to receive this news from the NYSE American,"
said KULR CEO Michael Mo. "Our ongoing efforts to enhance
stockholder value and optimize the Company's long-term public
valuation remain steadfast."
About KULR Technology Group, Inc.KULR
Technology Group Inc. (NYSE American: KULR) is a leading energy
management platform company offering proven solutions that play a
critical role in accelerating the electrification of the circular
economy. Leveraging a foundation in developing, manufacturing, and
licensing next-generation carbon fiber thermal management
technologies for batteries and electronic systems, KULR has evolved
its holistic suite of products and services to enable its customers
across disciplines to operate with efficiency and sustainability in
mind. For more information, please
visit www.kulrtechnology.com.
Safe Harbor Statement This press release
does not constitute an offer to sell or a solicitation of offers to
buy any securities of any entity. This release contains certain
forward-looking statements based on our current expectations,
forecasts and assumptions that involve risks and uncertainties.
Forward-looking statements in this release are based on information
available to us as of the date hereof. Our actual results may
differ materially from those stated or implied in such
forward-looking statements, due to risks and uncertainties
associated with our business, which include the risk factors
disclosed in our Form 10-K filed with the Securities and Exchange
Commission on April 12, 2024, as may be amended or supplemented by
other reports we file with the Securities and Exchange Commission
from time to time. Forward-looking statements include statements
regarding our expectations, beliefs, intentions, or strategies
regarding the future and can be identified by forward-looking words
such as “anticipate,” “believe,” “could,” “estimate,” “expect,”
“intend,” “may,” “should,” and “would” or similar words. All
forecasts are provided by management in this release are based on
information available at this time and management expects that
internal projections and expectations may change over time. In
addition, the forecasts are entirely on management’s best estimate
of our future financial performance given our current contracts,
current backlog of opportunities and conversations with new and
existing customers about our products and services. We assume no
obligation to update the information included in this press
release, whether as a result of new information, future events or
otherwise. Investor Relations:KULR
Technology Group, Inc.Phone: 858-866-8478 x 847Email:
ir@kulrtechnology.com
KULR Technology (AMEX:KULR)
Historical Stock Chart
From Apr 2024 to May 2024
KULR Technology (AMEX:KULR)
Historical Stock Chart
From May 2023 to May 2024