secwatch / observer
8-K filed March 31, 2023, 7:59 PM ET CIK 0001842384
regulatory confidence high sentiment negative materiality 0.60

Belong Acquisition Corp.: Nasdaq/NYSE listing notice — Belong Acquisition Corp. receives Nasdaq deficiency notice for failing minimum public holders rule

Belong Acquisition Corp.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Belong Acquisition Corp. received a nasdaq deficiency notice notice regarding shareholders (rules 5550(a)(3)).

Exchange
nasdaq
Notice
deficiency notice
Deficiency
shareholders
Rules
5550(a)(3)
Exact text from the filing
March 27, 2023, Belong 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), 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 Company’s securities on Nasdaq Capital Market. T
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Source: SEC EDGAR
accession 0001213900-23-025408
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