Delisting Determination, The Nasdaq Stock Market, LLC, February 15, 2024,
Cuentas, Inc.
The Nasdaq Stock Market LLC (the Exchange) has determined
to remove from listing the securities of Cuentas, Inc.,
effective at the opening of the trading session on
February 26, 2024.
Based on review of information provided by the Company,
Nasdaq Staff determined that the Company no longer
qualified for listing on the Exchange pursuant to Listing
Rule 5550(b)(1). The Company was notified of the Staff
determination on October 3, 2023. On October 10, 2023, the
Company exercised its right to appeal the Staff determination
to the Listing Qualifications Hearings Panel (Panel) pursuant
to Rule 5815.
On December 18, 2023, upon review of the information provided
by the Company, the Panel determined to denythe Company
continued listing.
The Company securities were suspended on December 20, 2023.
The Company did not appeal the Panel decision to the Nasdaq
Listing and Hearing Review Council (Council) and the Council
did not call the matter for review. The Staff determination
to delist the Company became final on February 1, 2024.