regulatory
confidence high
sentiment negative
materiality 0.65
Orchestra BioMed Holdings, Inc. (OBIO): Nasdaq/NYSE listing notice — Health Sciences Acquisitions Corp 2 receives Nasdaq delisting notice for failing to hold annual meeting
Orchestra BioMed Holdings, Inc.
- Received Nasdaq notice on Jan 19, 2023 for failure to hold annual meeting within 12 months after FY2021 end (Dec 31, 2021).
- Has until March 5, 2023 to submit compliance plan; if accepted, deadline extended to June 29, 2023.
- Company does not intend to submit plan; expects to resolve via business combination with Orchestra BioMed at Jan 24, 2023 meeting.
- If business combination approved, combined company treated as newly listed; annual meeting due by Dec 31, 2024.