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NaaS Technology Inc. Receives Notification of Non-Compliance from Nasdaq Regarding Late Filing of Annual Report on Form 20-F

  • On May 20, 2025, Nasdaq issued a Notice of Non-Compliance to NaaS Technology Inc., the first company focused on electric vehicle charging services in China to be listed on a U.S. Exchange, due to a delayed filing of its 2024 annual report.
  • Nasdaq issued this Notice because NaaS submitted its annual financial filing on Form 20-F for the year concluding on December 31, 2024, later than the deadline required by Listing Rule 5250.
  • The rule requires that regular financial disclosures be filed promptly with the U.S. Securities and Exchange Commission, and the Notice does not currently impact the trading status or Nasdaq listing of NaaS securities.
  • NaaS has a 60-day window starting May 20, 2025, to propose a compliance plan and may seek an extension of up to 180 days from the original report deadline, potentially extending the deadline to mid-November 2025 to restore compliance.
  • NaaS Technology Inc., part of the Newlinks Technology Limited group, is actively working to submit its report without delay and remains dedicated to regaining compliance with Nasdaq's listing standards.
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NaaS Technology Inc. Receives Notification of Non-Compliance from Nasdaq Regarding Late Filing of Annual Report on Form 20-F

BEIJING, May 21, 2025 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it received a Notice of Non-Compliance (the "Notice") from Nasdaq Stock Market…

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TBNweekly broke the news in on Wednesday, May 21, 2025.
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