Hyzon Motors, a hydrogen truck manufacturer, has announced that it has regained compliance with all applicable Nasdaq Capital Markets listing requirements, as notified by the Nasdaq Hearings Department on September 26, 2024.

Hyzon received a delisting determination from Nasdaq in August due to its share price remaining below USD 0.10. The company appealed the decision. The company has reportedly fully cured its prior bid price deficiencies.

Analyst QuickTake: Hyzon has taken several steps to improve its operational performance this year. In June , the company announced plans to realign its strategic priorities to focus on its core North American markets and subsequently announced plans to halt its operations in the Netherlands and Australia. The news also follows the company’s recent announcement of the Start of Production (SOP) for its Class 8 200 kW fuel-cell electric (FCEV) trucks.