CXApp Inc. (CXAI): Nasdaq/NYSE listing notice — KINS Technology receives Nasdaq deficiency notice for minimum publicly held shares; cites pending CXApp merger

CXApp Inc.

Notice received Jan 21, 2023 for failure to meet 500,000 publicly held shares minimum (Listing Rule 5550(a)(4)).
Company has until March 9, 2023 to submit a compliance plan to Nasdaq.
Management believes issue will be resolved upon completion of previously announced business combination with CXApp Holding Corp.
Notice is a deficiency notification, not an imminent delisting; trading continues on Nasdaq Capital Market.
If plan accepted, Nasdaq may grant up to 180-day extension to evidence compliance.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

CXApp Inc. received a nasdaq deficiency notice notice regarding other (rules 5550(a)(4)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5550(a)(4)

Exact text from the filing

January 21, 2023, KINS Technology Group Inc. (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company is not in compliance with Listing Rule 5550(a)(4), due to the Company’s failure to meet the minimum 500,000 publicly held shares requirement for continued listing on the Nasdaq Capital Market. The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on the Nasdaq Capital Market. The Notice

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CXApp Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-007032

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