Zalatoris II Acquisition Corp: Nasdaq/NYSE listing notice — Zalatoris II Acquisition receives Nasdaq delinquency notice for late Q2 10-Q filing

Zalatoris II Acquisition Corp

Nasdaq notified company on Aug 22, 2023, of non-compliance with Listing Rule 5250(c)(1) due to failure to file Q2 10-Q.
Company has 60 calendar days to submit a compliance plan to Nasdaq; if accepted, extension to Feb 20, 2024.
Delays attributed to additional time needed for financial statement preparation and auditor review.
Failure to regain compliance could lead to delisting; company intends to file Form 10-Q as soon as practical.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

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

Zalatoris II Acquisition Corp received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

August 22, 2023, Zalatoris II Acquisition Corp. (formerly known as XPAC Acquisition Corp.), a Cayman Islands limited liability company (NASDAQ: XPAX) (the “ Company ”), received a delinquency notification letter (“Notice”) from the Listing Qualifications staff of the Nasdaq Stock Market LLC (“Nasdaq”) due to the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) as a result of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2023 (the “Form 10-Q”). The Rule requires listed companies to timely file all required p

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Source: SEC EDGAR

accession 0001104659-23-094556

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