Movella Holdings INC 8-K filings

Movella Holdings Inc. announced it will restate its financial statements for 2020, 2021, and 2022 due to an error in allocating losses from a consolidated variable interest entity, and its shares are now trading on the OTC Expert Marketplace after being delisted from Nasdaq.

Movella Holdings has obtained a second limited waiver from its lenders to address ongoing defaults related to financial reporting obligations.

Movella Holdings has filed a prospectus supplement related to the potential resale of up to 23.5 million shares of common stock by existing shareholders, following its delisting from the Nasdaq.

Movella Holdings Inc. has officially appointed Eric Salzman as its permanent Chief Executive Officer, effective upon the execution of his employment agreement on June 11, 2024.

Movella Holdings Inc. has begun trading on the OTC Pink Market under the ticker symbols MVLA and MVLAW after its shares were delisted from the Nasdaq.

Movella Holdings Inc. announces its delisting from Nasdaq to reduce costs and focuses on restructuring and achieving profitability.

Movella Holdings Inc. has filed to voluntarily delist its stock and warrants from the Nasdaq, with trading expected to move to the OTC market.

Movella Holdings Inc. will have its securities trading suspended on Nasdaq earlier than expected, with a planned delisting to follow, and will seek to have its securities quoted on the OTC market.

Movella Holdings Inc. has appointed Marcum LLP as its new independent registered public accounting firm, effective March 19, 2024, following the resignation of RSM US LLP.

Movella Holdings Inc. has announced its decision to voluntarily delist from the Nasdaq Global Market due to the significant costs and regulatory compliance burden.

Movella Holdings has been granted an extension by Nasdaq to file its overdue quarterly report and has provided a preliminary estimate of its cash position as of December 31, 2023.

Movella Holdings Inc. has announced the resignation of its independent auditor, RSM US LLP, following an internal investigation and the need to restate prior financial statements.