EHang Holdings Ltd.
EH,
said Monday it won approval from the Nasdaq to voluntarily delist its stock on a temporary basis “in anticipation of an upcoming announcement concerning a very significant development regarding its business operations.” The company said it plans to announce the “new development” and to resume the trading of its American depositary stock no later than 5:00 a.m. Eastern Time on Friday. EHang is a specialist in “short-hop pilotless passenger air mobility.” Prior to being halted EHang stock was up 7.8% in premarket trades.
