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AI brief of an SEC Form 8-K · Kaixin Holdings (KXIN)

Kaixin warrants face Nasdaq delisting; ordinary shares are not affected

Negative Impact 3 of 5 legal/regulatory Written later

On May 31, 2019, Nasdaq notified Kaixin Auto Holdings that its warrants did not meet its requirement of at least 400 round lot holders, a requirement that applies after the company's April 30, 2019 business combination with Kaixin Auto Group. Unless the company appeals by June 7, 2019, Nasdaq will suspend trading of the warrants at the opening of business on June 11, 2019 and remove them from listing. The company's ordinary shares, which trade as KXIN, are not affected.

Key points

  • Nasdaq notice dated May 31, 2019, cites Listing Rule 5515(a)(4) and IM-5101-2 for the warrants
  • The filing says the company has not shown at least 400 round lot holders for its warrants
  • Warrant trading suspension set for June 11, 2019 unless the company appeals by June 7, 2019
  • Ordinary shares continue to trade on the Nasdaq Capital Market under the ticker KXIN

The filing

CompanyKaixin Holdings (KXIN)
Form8-K, current report
Filed with the SECJun 3, 2019, 12:24 PM ET
Accession number0001213900-19-009938

Items reported: 3.01 Delisting / Listing Rule Notice

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 03, 2019.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.