SVF Investment Corp. 2: Nasdaq/NYSE listing notice — SVF Investment Corp. 2 receives Nasdaq deficiency notice for missing annual meeting deadline

SVF Investment Corp. 2

Nasdaq notified SVFB on Jan 19, 2023 of failure to hold annual meeting within one year after FY2021 year-end (Rule 5620(a)).
Company has until March 5, 2023 to submit a plan to regain compliance; if accepted, deadline extended to June 29, 2023.
Securities continue trading on Nasdaq while plan is pending.
No financial impact disclosed; delisting risk if plan is not accepted or compliance not regained by deadline.

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

SVF Investment Corp. 2 received a nasdaq deficiency notice notice regarding other (rules 5620(a), 5810(c)(2)(G)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5620(a), 5810(c)(2)(G)

Exact text from the filing

January 19, 2023, SVF Investment Corp. 2 (the “Company”) received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was deficient in meeting the requirements of Listing Rule 5620(a), which requires the Company to hold an annual meeting of shareholders no later than one year after the end of the Company’s 2021 fiscal year-end. In accordance with Nasdaq Listing Rule 5810(c)(2)(G), the Company has 45 calendar days (or until March 5, 2023) (the “Compliance Period”) to submit a plan to regain compliance and, if Nasdaq accepts the plan, Nasdaq may grant the Company up

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Source: SEC EDGAR

accession 0001193125-23-041458

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