Target Global Acquisition I Corp.: Nasdaq/NYSE listing notice — Nasdaq to delist Target Global Acquisition I Corp. for failing to complete SPAC business combination within 36 months

Target Global Acquisition I Corp.

Nasdaq notified Target Global Acquisition I Corp. on Dec 10, 2024, that its securities will be suspended and delisted effective Dec 17, 2024.
Delisting due to non-compliance with Nasdaq IM-5101-2 requiring a SPAC to complete a business combination within 36 months of IPO effectiveness.
Company expects units (TGAAU), Class A shares (TGAA), and warrants (TGAAW) to trade on OTCQX under the same symbols.
Target Global continues to pursue its proposed business combination with Venhub Global, Inc. and plans to list VenHub's securities on Nasdaq.

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 0.9

Target Global Acquisition I Corp. received a nasdaq delisting notice notice regarding other (rules IM-5101-2).

Exchange: nasdaq
Notice: delisting notice
Rules: IM-5101-2

Exact text from the filing

December 10, 2024, Target Global Acquisition I Corp., a Cayman Islands exempted company (the “Company”), received a notice (the “Delisting Notice”) from the staff of the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that Nasdaq has determined to delist the Company’s securities on The Nasdaq Global Market and will suspend trading in the Company’s securities effective as of the opening of business on December 17, 2024, due to the Company’s non-compliance with Nasdaq IM-5101-2, which requires that a special purpose acquisition company complete one or more busines

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Source: SEC EDGAR

accession 0001193125-24-279695

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