regulatory
confidence high
sentiment negative
materiality 0.90
Tuscan Holdings Corp. II: Nasdaq/NYSE listing notice — Tuscan Holdings to be delisted from Nasdaq after Surf Air merger termination
Tuscan Holdings Corp. II
- Merger agreement with Surf Air terminated mutually on Nov 16, 2022.
- Nasdaq suspended additional extension; trading suspension begins Nov 21, 2022.
- Company failed to complete business combination within 36-month deadline (July 11, 2022).
- Nasdaq will file Form 25 to delist securities after appeal periods expire.