Fintech Ecosystem Development Corp.: Nasdaq/NYSE listing notice — Fintech Ecosystem Dev Corp receives Nasdaq delisting notice for late Q1 filing; cures next day

Fintech Ecosystem Development Corp.

Notice received May 23, 2023 for failure to timely file Form 10-Q for quarter ended Mar 31, 2023.
Company filed the delinquent Form 10-Q on May 24, 2023, curing the non-compliance.
Nasdaq listing remains in effect; no further trading disruption expected.
Press release issued May 25, 2023 disclosing the notice and cure.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Fintech Ecosystem Development Corp. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

May 23, 2023, Fintech Ecosystem Development Corp. (the “Company”) received a notice from the Staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC, stating that the Company is not in compliance with the continued listing standards of Nasdaq Capital Markets (the “Exchange”) under the timely filing criteria included in Listing Rule 5250(c)(1) because the Company failed to timely file with the Securities and Exchange Commission (the “SEC”) its Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 (the “Form 10-Q”). Reference is made to the Company’s Notificati

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Source: SEC EDGAR

accession 0001193125-23-153553

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