regulatory
confidence high
sentiment positive
materiality 0.65
Nasdaq grants IX Acquisition continued listing; confirms minimum holders rule compliance
IX Acquisition Corp.
- On Aug 5, 2024, Nasdaq Panel granted continued listing on Nasdaq Global Market.
- Company had received delisting notice Apr 30, 2024 for failing to meet 400 total holders rule.
- Hearing held Jun 18, 2024; Panel now confirms compliance with Listing Rule 5450(a)(2).
- Company's securities (IXAQ, IXAQU, IXAQW) will remain listed.
- This resolves the delisting risk that began with the Oct 9, 2023 deficiency notice.