secwatch / observer
8-K filed June 22, 2023, 7:59 PM ET CIK 0001821606
M&A confidence high sentiment negative materiality 0.85

Priveterra Acquisition Corp. II: Nasdaq/NYSE listing notice — Tastemaker terminates Quality Gold deal; gets Nasdaq delisting notice

Priveterra Acquisition Corp. II

Key facts

Extracted from this filing and checked against the source text.

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

Priveterra Acquisition Corp. II received a nasdaq noncompliance notice notice regarding market value (rules 5550(b)(2)).

Exchange
nasdaq
Notice
noncompliance notice
Deficiency
market value
Rules
5550(b)(2)
Exact text from the filing
June 15, 2023, the Company received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that, based on Nasdaq’s review of the Company’s Market Value of Listed Securities (“MVLS”) for the last 30 consecutive business days, the Company no longer meets the minimum MVLS requirement of $35 million for continued listing of the Company’s Class A common stock, par value $0.0001 per share (“Class A common stock”), on Nasdaq under Nasdaq Listing Rule 5550(b)(2) (the “MVLS Rule”). The Notice has no immediate effect on the listing of the Company’s Class A common stock on Nasdaq and, in accordance
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Priveterra Acquisition Corp. II terminated Business Combination Agreement with Quality Gold Holdings, Inc., Tastemaker Merger Sub, Inc., QGM Merger Sub, Inc., J&M Merger Sub, Inc., L&L Merger Sub, Inc., Quality Gold Merger Sub, Inc., Quality Gold, Inc., QGM, LLC, J & M Group Holdings Inc., L & L Group Holdings, LLC (effective 2023-06-21).

Action
termination
Agreement
merger
Counterparty
Quality Gold Holdings, Inc., Tastemaker Merger Sub, Inc., QGM Merger Sub, Inc., J&M Merger Sub, Inc., L&L Merger Sub, Inc., Quality Gold Merger Sub, Inc., Quality Gold, Inc., QGM, LLC, J & M Group Holdings Inc., L & L Group Holdings, LLC
Effective
2023-06-21
Exact text from the filing
Group Holdings, LLC, an Ohio limited liability company, entered into a business combination agreement (as it may be amended, supplemented or otherwise modified from time to time, the “Business Combination Agreement”).
View on SEC.gov

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Source: SEC EDGAR
accession 0001104659-23-073852
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