Delisting Determination, The Nasdaq Stock Market, LLC, September 20, 2024.
ToughBuilt Industries, Inc.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove
from listing the securities of ToughBuilt Industries, Inc., effective
at the opening of the trading session on September 30, 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 Rules 5101, IM-5101-1, 5250(c)(1),
5605(b)(1), 5605(c)(2), 5605(d)(2), and 5605(e).
The Company was notified of the Staff determination on August 22, 2024.
On July 3, 2024, the Company exercised its right to appeal the Staff
determination to the Listing Qualifications Hearings Panel (Panel)
pursuant to Listing Rule 5815.
On August 7, 2024, the Company regained compliance with Listing Rules
5605(b)(1), 5605(c)(2), 5605(d)(2), and 5605(e).
On August 7, 2024, the Company withdrew its appeal. The Company
securities were suspended on August 9, 2024. The Staff determination
to delist the Company securities became final on August 9, 2024.