regulatory
confidence high
sentiment negative
materiality 0.50
Focus Impact BH3 Acquisition Co: Nasdaq/NYSE listing notice — Crixus BH3 Acquisition receives Nasdaq notice for failing minimum public holders rule
Focus Impact BH3 Acquisition Co
- Received Nasdaq notice on Sep 10, 2023 for non-compliance with minimum 400 total holders (Listing Rule 5450(a)(2)).
- Company has 45 calendar days to submit a plan to regain compliance with the Minimum Public Holders Rule.
- If Nasdaq accepts plan, extension granted; if not, Company may appeal to Nasdaq Hearings Panel.
- No immediate effect on listing of units, Class A common stock, or warrants while plan is prepared.