other material
confidence high
sentiment negative
materiality 0.95
Crescera Capital Acquisition Corp.: Nasdaq/NYSE listing notice — Nasdaq to delist Crescera Capital Acquisition Corp. securities on July 11, 2023
Crescera Capital Acquisition Corp.
- Received Nasdaq notice on June 30, 2023 for non-compliance with minimum average market value of listed securities ($50M) and publicly held shares (600,000).
- Delisting suspension effective July 11, 2023; Form 25-NSE will be filed with SEC to remove securities from Nasdaq.
- All securities affected: units (CRECU), ordinary shares (CREC), warrants (CRECW).
- Company failed continued listing requirements under Nasdaq Listing Rules 5452 and 5452(a)(2)(C).