regulatory
confidence high
sentiment negative
materiality 0.65
Chain Bridge I receives Nasdaq deficiency notice for failing 300 public holders minimum
Chain Bridge I
- Notice on June 20, 2024 for non-compliance with Nasdaq Listing Rule 5550(a)(3) requiring minimum 300 public holders.
- Company has 45 days (to Aug 5, 2024) to submit a plan to regain compliance.
- If plan accepted, Nasdaq grants 180 days from notice to evidence compliance; delisting not imminent.
- Company intends to submit a compliance plan but cannot assure regaining compliance.