Greencity Acquisition Corp: Nasdaq/NYSE listing notice — Greencity Acquisition receives Nasdaq notice for late 10-Q filing; faces potential delisting

Greencity Acquisition Corp

Nasdaq notice received Nov 22, 2022 for failure to file Q3 2022 10-Q by the deadline.
Company has 60 days until Jan 20, 2023 to submit a plan to regain compliance.
If plan accepted, Nasdaq may grant exception until May 15, 2023 to file the 10-Q.
Company states it is working diligently to complete and file the 10-Q as soon as practicable.
Delisting risk exists if compliance plan is not accepted or filing missed within extension.

item 3.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Greencity Acquisition Corp received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

November 22, 2022, the Company received a notice from the Listing Qualifications Department of The Nasdaq Stock Market (“ Nasdaq ”) (the “ Notice ”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “ Rule ”) because it has not timely filed the Form 10-Q with the SEC. The Rule requires listed companies to timely file all required periodic financial reports with the SEC. The Notice has no immediate effect on the listing or trading of the Company’s securities. However, if the Company fails to timely regain compliance with the Rule, the Company’s securities wi

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Source: SEC EDGAR

accession 0001104659-22-122111

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