regulatory
confidence high
sentiment negative
materiality 0.75
ASPAC I Acquisition Corp.: Nasdaq/NYSE listing notice — Nasdaq notifies A SPAC I Acquisition Corp. of non-compliance with minimum 300 public holders
ASPAC I Acquisition Corp.
- Received Nasdaq deficiency letter on Nov 7, 2023 for failing minimum 300 public holders (Rule 5550(a)(3)).
- Has 45 calendar days to submit a plan to regain compliance.
- If Nasdaq accepts the plan, it may grant an extension of up to 180 calendar days from the letter date.
- Company intends to submit a compliance plan within the specified period.