regulatory
confidence high
sentiment negative
materiality 0.70
Abpro Holdings, Inc. (ABPO): Nasdaq/NYSE listing notice — Atlantic Coastal II receives Nasdaq deficiency notice; extends business combination deadline
Abpro Holdings, Inc.
- Nasdaq notified Company on April 18, 2024 of non-compliance with minimum 1.1M publicly held shares and $15M market value of publicly held shares.
- Company expects to cure deficiencies through pending business combination with Abpro Corporation.
- Company submitted compliance plan on April 23, 2024 requesting 180-day extension for Rule 5450(b)(1)(B).
- Board extended business combination deadline from April 19, 2024 to May 19, 2024.