Liberty Resources Acquisition Corp.: Nasdaq/NYSE listing notice — Liberty Resources receives Nasdaq deficiency notice for public float shortfall

Liberty Resources Acquisition Corp.

Nasdaq notified company on June 15, 2023, it fails minimum 1,100,000 publicly held shares requirement.
Company believes notice may be in error and plans to discuss with Nasdaq for rescission.
If not rescinded, company has 45 days (by July 31, 2023) to submit a compliance plan.
Accepted plan could grant up to 180 days extension from notice date to regain compliance.
Notice has no immediate effect on listing; company will evaluate options to regain compliance.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Liberty Resources Acquisition Corp. received a nasdaq noncompliance notice notice regarding other (rules 5450(b)(1)(B)).

Exchange: nasdaq
Notice: noncompliance notice
Rules: 5450(b)(1)(B)

Exact text from the filing

June 15, 2023, Liberty Resources Acquisition Corp., a Delaware corporation (the “ Company ”), received a written notice (the “ Public Float Notice ”) from the Listing Qualifications Department of The Nasdaq Stock Market (“ Nasdaq ”) notifying the Company that it no longer meets the minimum 1,100,000 publicly held shares required for continued listing on Nasdaq pursuant to Nasdaq Listing Rule 5450(b)(1)(B) (the “ Public Float Standard ”). The Company believes that the Public Float Notice may have been issued in error. The Company plans to discuss the Public Float Notice with Nasdaq to get the P

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Source: SEC EDGAR

accession 0001104659-23-072974

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