Atlantic Coastal gets Nasdaq delisting notice, extends SPAC deadline to Nov 19; S-4 effective for Abpro deal

Abpro Holdings, Inc.

Nasdaq delisting determination on Oct 16, 2024 for failure to meet market value of publicly held shares, round lot holders, and minimum publicly held shares requirements.
Company intends to request a hearing by Oct 23, 2024 to stay suspension; expects to regain compliance upon closing of business combination with Abpro.
Board extended deadline to complete a business combination from Oct 19, 2024 to Nov 19, 2024.
S-4 registration statement for the Abpro business combination became effective on Oct 18, 2024.
Nasdaq also noted failure to maintain 750,000 publicly held shares as of Sep 10, 2024.

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