Atlantic Coastal Acquisition Corp.: Nasdaq/NYSE listing notice — Atlantic Coastal receives Nasdaq deficiency notice for late Q1 10-Q; files report next day

Atlantic Coastal Acquisition Corp.

Received Nasdaq notice on May 24, 2023 for failure to timely file Quarterly Report on Form 10-Q.
Company filed the delinquent 10-Q on May 25, 2023, one day after the notice.
Nasdaq gave 60 calendar days to submit a plan to regain compliance; notice has no immediate delisting effect.

item 3.01 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

Atlantic Coastal 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

May 24, 2023, the Company received notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) that the Company was not in compliance with Nasdaq’s continued listing standards (the “Listing Rules”) as set forth in Listing Rule 5250(c)(1) given the Company’s failure to timely file the Report. Consistent with the Listing Rules, the Company has 60 calendar days from the date of the Notice to provide Nasdaq with a specific plan to achieve and sustain compliance with the Listing Rules. On May 25, 2023, the Company filed the Report. On May 26, 2023, in accordance with Nasdaq’s procedures, the

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Source: SEC EDGAR

accession 0001104659-23-065447

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