other material
confidence high
sentiment negative
materiality 0.65
Corner Growth Acquisition Corp.: Nasdaq/NYSE listing notice — Corner Growth Acquisition Corp. receives Nasdaq deficiency notice for minimum publicly held shares requirement
Corner Growth Acquisition Corp.
- Nasdaq notified Corp. on May 10, 2024 that it no longer meets the minimum 500,000 publicly held shares requirement under Rule 5550(a)(4).
- Company has 45 days, until June 24, 2024, to submit a plan to regain compliance.
- If Nasdaq accepts the plan, it may grant up to 180 calendar days from the Notice date to evidence compliance.
- If plan is not accepted, Company may appeal the decision to a Nasdaq Hearings Panel.
- The Notice has no immediate effect on listing or trading of COOLU, COOL, COOLW securities.