regulatory
confidence high
sentiment negative
materiality 0.35
Biotech Acquisition Co: Nasdaq/NYSE listing notice — Biotech Acquisition receives Nasdaq deficiency notice for missed annual meeting
Biotech Acquisition Co
- Received Nasdaq notice on Jan 9, 2023 for failing to hold annual meeting for FY ended Dec 31, 2021.
- Company must submit a plan to regain compliance by Feb 23, 2023.
- If plan accepted, Nasdaq may grant extension until June 29, 2023 to comply.
- Deficiency notice has no immediate effect on listing or trading.
- Company intends to submit a compliance plan within required timeframe.