DevvStream Corp. (DEVS): Nasdaq/NYSE listing notice — Focus Impact Acquisition Corp receives Nasdaq deficiency notice for minimum public holders rule

DevvStream Corp.

Nasdaq notified Focus Impact on Oct 16, 2023 it fell below the 400 total holders minimum for the Global Market.
The company has 45 calendar days to submit a plan to regain compliance under Nasdaq Rule 5450(a)(2).
The notice has no immediate effect on listing of FIAC, FIACU, or FIACW securities.
If Nasdaq accepts the plan, an extension may be granted; otherwise a hearing panel appeal is available.
No assurance the plan will be accepted or compliance regained.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

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

DevvStream Corp. received a nasdaq deficiency notice notice regarding other (rules 5450(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5450(a)(2)

Exact text from the filing

October 16, 2023, Focus Impact Acquisition Corp., a Delaware corporation (the “Company”), received a written notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it was no longer in compliance with Nasdaq Listing Rule 5450(a)(2), which requires a minimum of 400 total holders for continued listing on the Nasdaq Global Market (the “Minimum Public Holders Rule”). The Notice states that the Company has 45 calendar days from the date of the Notice to submit a plan to regain compliance with the Minimum Public Holders

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DevvStream Corp. filing history →

Source: SEC EDGAR

accession 0001140361-23-049041

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