regulatory
confidence high
sentiment negative
materiality 0.55
Abacus Global Management, Inc. (ABX): Nasdaq/NYSE listing notice — East Resources gets NASDAQ delisting notice for missing annual meeting; plans special meeting for business combo
Abacus Global Management, Inc.
- Received NASDAQ notice on Jan 9, 2023, for failing to hold annual meeting within 12 months of FYE Dec 31, 2021.
- Has 45 days (until Feb 23, 2023) to submit compliance plan; if accepted, deadline extended to June 29, 2023.
- Plans to hold special meeting to vote on business combination with Longevity Market Assets and Abacus Settlements.
- Securities continue trading on NASDAQ pending review of compliance plan.
- Failure to regain compliance could result in delisting; no financial impact disclosed.