regulatory
confidence high
sentiment negative
materiality 0.65
CSLM ACQUISITION CORP.: Nasdaq/NYSE listing notice — Consilium receives Nasdaq delisting notice for warrants; plans Capital Market transfer
CSLM ACQUISITION CORP.
- Nasdaq notified Consilium on June 13, 2023 that its warrants failed to maintain minimum $1M aggregate market value required for Nasdaq Global Market.
- Company has 45 calendar days to submit compliance plan; Nasdaq may grant extension to December 10, 2023.
- Consilium previously applied to transfer its Class A shares, warrants, and rights to Nasdaq Capital Market, expected June 23, 2023.
- Company believes it will meet all continued listing requirements of Nasdaq Capital Market upon transfer.