regulatory
confidence high
sentiment negative
materiality 0.75
Liberty Resources Acquisition Corp.: Nasdaq/NYSE listing notice — Liberty Resources receives Nasdaq MVLS deficiency notice, must regain $50M MVLS within 180 days
Liberty Resources Acquisition Corp.
- Received Nasdaq notice on June 5, 2023 for Market Value of Listed Securities below $50M.
- Has 180 calendar days to regain compliance; no immediate delisting effect.
- Will regain compliance if MVLS closes at $50M+ for 10 consecutive business days within cure period.
- No assurance of regaining or maintaining compliance with Nasdaq Global Market listing requirement.
- Notice has no immediate impact on trading of LIBY, LIBYU, or LIBYW securities.