BRIEF-Enjoy Technology Says Co Received Delisting Notice From Nasdaq

Reuters2022-07-08

July 7 (Reuters) - Enjoy Technology Inc :

* ENJOY TECHNOLOGY- ON JUNE 30, 2022, CO RECEIVED DELISTING NOTICE FROM THE STAFF OF THE NASDAQ STOCK MARKET LLC

* ENJOY TECHNOLOGY- IN DELISTING NOTICE, NASDAQ STAFF REFERENCED CONCERNS ABOUT CO'S ABILITY TO SUSTAIN COMPLIANCE WITH REQUIREMENTS FOR CONTINUED LISTING

* ENJOY TECHNOLOGY INC- DOES NOT INTEND TO APPEAL NASDAQ'S DETERMINATION AND, THEREFORE, IT IS EXPECTED THAT THE SECURITIES WILL BE DELISTED

* ENJOY TECHNOLOGY INC- SECURITIES ARE EXPECTED TO BEGIN TRADING EXCLUSIVELY ON THE OVER-THE-COUNTER MARKET ON JULY 11, 2022

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