regulatory
confidence high
sentiment negative
materiality 0.65
Marti Technologies, Inc. (MRT): Nasdaq/NYSE listing notice — Galata Acquisition receives NYSE American delisting notice for insufficient public shareholders
Marti Technologies, Inc.
- Notice on Feb 1, 2023 cites failure to maintain minimum 300 public shareholders under Section 1003(b)(i)(B).
- Company has 30 days to submit a plan to regain compliance by August 1, 2024.
- Expects to satisfy listing requirement upon closing business combination with Marti Technologies.
- Shares, warrants, and units continue trading with ".BC" indicator during cure period.