Good Works II Acquisition Corp.: Nasdaq/NYSE listing notice — Good Works II Acquisition receives Nasdaq notice for failure to meet minimum public holders rule

Good Works II Acquisition Corp.

Nasdaq notice received Jan 18, 2023 citing non-compliance with Minimum Public Holders Rule (at least 300 public holders).
Notice has no immediate effect on listing or trading of GWII common stock or warrants.
Company has 45 days to submit a plan to regain compliance; Nasdaq may grant up to 180-day extension.
If plan rejected, Company may appeal to a Nasdaq Hearings Panel.

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

Good Works II Acquisition Corp. received a nasdaq deficiency notice notice regarding other (rules 5550(a)(3)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5550(a)(3)

Exact text from the filing

January 18, 2023, Good Works II Acquisition Corp. (the “Company”) received a written notice (the “Notice”) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company was not in compliance with Listing Rule 5550(a)(3) (the “Minimum Public Holders Rule”), which requires the Company to have at least 300 public holders for continued listing on the Nasdaq Capital Market (the “Minimum Public Holders Rule”). The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Com

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Source: SEC EDGAR

accession 0001213900-23-004103

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