AIB Acquisition Corp: Nasdaq/NYSE listing notice — Nasdaq notifies AIB Acquisition Corp of public holders deficiency; 180-day cure period

AIB Acquisition Corp

Received deficiency letter on Sept 25, 2023 for failing to maintain minimum 400 public holders under Nasdaq Rule 5450(a)(2).
No immediate impact on listing; company has 45 days to submit a plan to regain compliance.
Company has up to 180 calendar days from notification to evidence compliance with the Public Holders Requirement.

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 0.95

AIB Acquisition Corp received a nasdaq deficiency notice notice regarding other (rules 5450(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5450(a)(2)

Exact text from the filing

ent (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that the Company’s public holders of its Class A ordinary shares (“Public Holders”) were below the 400 Public Holders minimum requirement for continued inclusion on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(2) (the “Public Holders Requirement”). The notifications received have no immediate effect on the Company’s Nasdaq listing. The Nasdaq rules provide the Company 45 calendar days to submit a plan to regain compliance and a compliance period of up to 180 calendar days in which to evidence comp

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Source: SEC EDGAR

accession 0001213900-23-079565

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