EHang voluntarily suspends Nasdaq trading, pending ‘very significant development’

Nas­daq has approved the tem­po­rary sus­pen­sion of EHang’s Amer­i­can deposi­tary shares (ADSs) today (Mon­day), in antic­i­pa­tion of ‘an upcom­ing announce­ment con­cern­ing a very sig­nif­i­cant devel­op­ment regard­ing EHang’s busi­ness oper­a­tions’.

No fur­ther details have been announced, but a press release pub­lished on Glob­al Newswire con­firmed EHang will announce the new devel­op­ment, and make an appli­ca­tion with the Nas­daq to resume the trad­ing of its ADSs, by no lat­er than 5am ET on Fri­day, Octo­ber 13th.