Growth for Good Acquisition Corp: Nasdaq/NYSE listing notice — GFGD receives Nasdaq deficiency notice for warrant market value below $1M

Growth for Good Acquisition Corp

On June 13, 2023, Nasdaq notified GFGD of non-compliance with minimum $1M aggregate market value of outstanding warrants.
Company must submit a compliance plan by July 28, 2023; intends to do so.
Non-compliance may lead to delisting if plan not accepted; company can appeal.
Company is a SPAC; warrants trade under GFGDW.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Growth for Good Acquisition Corp received a nasdaq deficiency notice notice regarding market value (rules 5452(b)(C)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: market value
Rules: 5452(b)(C)

Exact text from the filing

June 13, 2023, The Growth for Good Acquisition Corporation (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Listing Rule 5452(b)(C), due to the Company’s failure to maintain the minimum of $1,000,000 in aggregate market value of its outstanding warrants. The Notice is only a notification of deficiency, not of imminent delisting. The Notice states that the Company has until July 28, 2023 to submit a plan to achieve and sustain complianc

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Source: SEC EDGAR

accession 0001104659-23-073828

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