regulatory
confidence high
sentiment negative
materiality 0.60
APx Acquisition Corp. I: Nasdaq/NYSE listing notice — APX Acquisition Corp. I receives Nasdaq deficiency notice for late Form 10-Q filing
APx Acquisition Corp. I
- Received Nasdaq deficiency letter on Dec 21, 2023 for not filing Q3 2023 Form 10-Q on time.
- Company must submit a compliance plan by Feb 19, 2024; if accepted, extension to May 12, 2024.
- If plan rejected, APX can appeal to Nasdaq Hearings Panel; delisting risk if non-compliant.
- Company states it is working with auditors to file the Form 10-Q as soon as practicable.