regulatory
confidence high
sentiment neutral
materiality 0.40
Chenghe Acquisition I Co.: Nasdaq/NYSE listing notice — LatAmGrowth SPAC receives Nasdaq non-compliance notice for late Q1 10-Q filing
Chenghe Acquisition I Co.
- Nasdaq notified LatAmGrowth on May 24, 2023, for failing to timely file Q1 2023 Form 10-Q.
- Company has 60 calendar days (until July 24, 2023) to submit a compliance plan to Nasdaq.
- If plan accepted, Nasdaq may grant up to 180 days (until November 20, 2023) to regain compliance.
- Company expects to file the 2023 Q1 10-Q before the 60-day period expires, avoiding a formal plan.
- The notice has no immediate effect on listing of LATG common stock on Nasdaq Capital Market.