regulatory
confidence high
sentiment negative
materiality 0.70
Global Star Acquisition Inc.: Nasdaq/NYSE listing notice — Global Star Acquisition receives Nasdaq deficiency notice for late 10-K filing
Global Star Acquisition Inc.
- Received Nasdaq deficiency letter on April 19, 2023 for not filing 2022 Form 10-K on time.
- Company has 60 days (until June 20, 2023) to submit a plan to regain compliance.
- No immediate impact on listing or trading of GLST, GLSTW, GLSTR, GLSTU on Nasdaq Capital Market.
- Company expects to file the 2022 10-K before the 60-day deadline, avoiding need for a formal plan.