Rose Hill Acquisition Corp: Nasdaq/NYSE listing notice — Rose Hill Acquisition Corp receives Nasdaq delisting notice for non-compliance with four listing rules

Rose Hill Acquisition Corp

Notice cites failure to meet minimum publicly held shares (1.1M), market value of listed securities ($50M), publicly held shares market value ($15M), and total holders (400).
Company has 14 calendar days to submit a compliance plan to Nasdaq; if accepted, an extension may be granted.
No immediate effect on listing of Class A shares (ROSE), units (ROSEU), or warrants (ROSEW) while plan is pending.
If Nasdaq rejects the plan, the company can appeal to the Nasdaq Hearings Panel; compliance is not guaranteed.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Rose Hill Acquisition Corp received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(B), 5450(b)(2)(A), 5450(b)(2)(C), 5450(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: market value
Rules: 5450(b)(2)(B), 5450(b)(2)(A), 5450(b)(2)(C), 5450(a)(2)

Exact text from the filing

January 24, 2023, Rose Hill Acquisition Corporation (the “Company”) received a notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was no longer in compliance with certain requirements of the Nasdaq Listing Rules set forth in (i) 5450(b)(2)(B), requiring a minimum of 1,100,000 Publicly Held Shares, (ii) Listing Rule 5450(b)(2)(A), requiring a minimum of $50 million Market Value of Listed Securities, (iii) Listing Rule 5450(b)(2)(C), requiring a minimum of $15 million in Market Value of Publicly Held Shares and

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001140361-23-003146

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.