other material
confidence high
sentiment negative
materiality 0.75
PepperLime Health Acquisition Corp: Nasdaq/NYSE listing notice — PepperLime Health receives second Nasdaq delisting notice for MVLS non-compliance
PepperLime Health Acquisition Corp
- Received MVLS notice on April 6, 2023 for failing $50M market value of listed securities.
- Has 180 days (until Oct 3, 2023) to regain compliance; no immediate delisting effect.
- Also previously received MVPHS notice on Feb 28, 2023 for $15M market value of publicly held shares.
- May transfer to Nasdaq Capital Market if unable to regain compliance on Global Market.
- No assurance of regaining compliance or avoiding eventual delisting.