- Nasdaq has granted View Inc VIEW a hearing for March 31, 2022, to present its plan to regain compliance with applicable listing requirements.
- Additionally, View's request to extend the stay of suspension has been granted.
- The company received a Staff Delisting Determination on February 15, 2022.
- Recently, View announced that it had a cash balance of $281 million as of December 31, 2021, with no substantial debt on the balance sheet.
- The company expects to improve cash burn through 2022 on higher volumes and revenues combined with associated improvements in operational efficiencies.
- Price Action: VIEW shares are trading lower by 12.7% at $1.58 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
