regulatory
confidence high
sentiment negative
materiality 0.70
Mountain & Co. I Acquisition Corp.: Nasdaq/NYSE listing notice — Nasdaq delisting notice for Mountain & Co. I Acquisition Corp. due to insufficient public holders
Mountain & Co. I Acquisition Corp.
- Received Nasdaq notice on Oct 9, 2023 for non-compliance with minimum 400 public holders (Rule 5450(a)(2)).
- Company has 45 calendar days to submit a compliance plan to regain compliance.
- If Nasdaq accepts plan, extension of up to 180 calendar days may be granted.
- Notice has no immediate effect on listing of MCAA, MCAAW, or MCAAU on Nasdaq Global Market.
- Company intends to submit plan and take reasonable measures to regain compliance.