Ideanomics, Inc. (IDEX) develops zero-emission mobility solutions for the off and on-highway commercial vehicle markets. The company operates through the Ideanomics Mobility and the Ideanomics Capital business units.
On May 19, the company announced that it had received a notice from Nasdaq Stock Market LLC because of its inability to file its Form 10-Q for the period ended March 31, 2023. IDEX is not in compliance with Nasdaq Listing Rules for continued listing. Investors are staying away from the stock because of its delisting risk.
