regulatory
confidence high
sentiment negative
materiality 0.50
Onyx Acquisition Co. I: Nasdaq/NYSE listing notice — Onyx Acquisition receives Nasdaq deficiency notice for failing round lot holder rule
Onyx Acquisition Co. I
- Received Nasdaq Staff notice on Oct 24, 2023 for non-compliance with Listing Rule 5450(a)(2).
- Must submit compliance plan within 45 days; if accepted, has until April 21, 2024 to regain compliance.
- Class A ordinary shares continue trading on Nasdaq Global Market during cure period.
- Company may evaluate transfer to Nasdaq Capital Market if unable to regain compliance.