AltEnergy Acquisition Corp (AEAE): Nasdaq/NYSE listing notice — AltEnergy Acquisition Corp receives Nasdaq deficiency notice for failing to meet minimum 400 total holders

AltEnergy Acquisition Corp

Received Nasdaq notice on Oct 9, 2023 for non-compliance with minimum 400 total holders rule.
Company has 45 days (until Nov 23, 2023) to submit a plan to regain compliance.
If plan accepted, Nasdaq may grant up to 180-day extension to evidence compliance.
Failure could lead to delisting; company may appeal to Nasdaq Hearings Panel.
No immediate effect on listing or trading of securities on Nasdaq Global Market.

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

AltEnergy Acquisition Corp received a nasdaq deficiency notice notice regarding shareholders (rules 5450(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: shareholders
Rules: 5450(a)(2)

Exact text from the filing

October 9, 2023, AltEnergy Acquisition Corp., a Delaware corporation (the “Company”), received a written notice (the “Notice”) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5450(a)(2), which requires the Company to maintain at least 400 total holders for continued listing on the Nasdaq Global Market (the “Minimum Total Holders Rule”). The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s s

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5 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

AltEnergy Acquisition Corp filing history →

Source: SEC EDGAR

accession 0001193125-23-255845

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