Progress Acquisition Corp.: Nasdaq/NYSE listing notice — Progress Acquisition Corp. receives Nasdaq noncompliance notice for late 10-K filing

Progress Acquisition Corp.

Received Nasdaq notice on April 21, 2023 for failure to timely file FY 2022 10-K.
Has 60 days (until June 20, 2023) to submit a compliance plan to Nasdaq.
If plan accepted, Nasdaq may grant up to 180 days (until Oct 18, 2023) to regain compliance.
No immediate effect on listing of common stock, warrants, or units on Nasdaq.
Company continues efforts to file 10-K as soon as reasonably practicable.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Progress Acquisition Corp. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

April 21, 2023, Progress Acquisition Corp. (the “Company”) received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because the Company had failed to timely file with the Securities and Exchange Commission (“SEC”) its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (the “Form 10-K”). The Notice provides the Company with 60 days, or until June 20, 2023, to submit to Nasdaq a plan to regain compliance in accordance with Nasdaq’s listin

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Source: SEC EDGAR

accession 0001213900-23-032848

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