NWTN Inc. Investors: Company Investigated by the Portnoy Law Firm

Core Viewpoint - NWTN Inc. is under investigation for possible securities fraud, with a potential class action being considered for investors who have incurred losses [1][2]. Group 1: Company Compliance Issues - On May 24, 2024, NWTN announced it received a letter from Nasdaq indicating non-compliance with Listing Rule 5250(c)(1) due to the failure to file its Annual Report on Form 20-F for the year ended December 31, 2023 [3]. - The company has until July 22, 2024, to submit a plan to regain compliance with Nasdaq requirements [3]. - Following this announcement, NWTN's stock price dropped by $0.58, or 14.43$3.44 per share on May 28, 2024 [3]. Group 2: Legal Actions and Investor Support - The Portnoy Law Firm is offering complimentary case evaluations for NWTN investors to discuss their legal rights and options for recovering losses [2][4]. - The firm has a history of recovering over $5.5 billion for investors affected by corporate wrongdoing [4].