regulatory
confidence high
sentiment negative
materiality 0.65
RF Acquisition Corp.: Nasdaq/NYSE listing notice — RF Acquisition Corp. receives Nasdaq deficiency notice for minimum total holders rule
RF Acquisition Corp.
- Received Nasdaq notice on April 29, 2024, for non-compliance with Minimum Total Holders Rule requiring at least 400 holders.
- Company has 45 calendar days, until June 13, 2024, to submit a compliance plan to Nasdaq.
- If plan accepted, Nasdaq may grant up to 180-day extension, until October 26, 2024, to regain compliance.
- Deficiency notice does not currently affect listing or trading of the Company's securities on Nasdaq Global Market.