Liberty Resources Acquisition Corp.: Nasdaq/NYSE listing notice — Liberty Resources receives Nasdaq deficiency notice for insufficient total holders

Liberty Resources Acquisition Corp.

On Oct 9, 2023, Nasdaq notified Liberty Resources of non-compliance with Rule 5450(a)(2) requiring at least 400 total holders.
Company has until Nov 24, 2023 to submit a plan to regain compliance; extension of up to 180 days possible if accepted.
The deficiency notice does not affect current listing or trading on The Nasdaq Global Market.
If plan rejected, Company may appeal to Nasdaq Hearings Panel with automatic stay.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.99

Liberty Resources Acquisition Corp. received a nasdaq deficiency notice notice regarding shareholders (rules 5450(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: shareholders
Rules: 5450(a)(2)

Exact text from the filing

October 9, 2023, Liberty Resources Acquisition Corp. (the “ Company ”) received a written notice (the “ Notice ”) from the Listing Qualifications Department of The NASDAQ Stock Market LLC (“ Nasdaq ”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5450(a)(2) (the “ Rule ”), which requires the Company to have at least 400 total holders for continued listing on The Nasdaq Global Market (“ Nasdaq Global ”). The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on Nasdaq

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Source: SEC EDGAR

accession 0001104659-23-108821

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