regulatory
confidence high
sentiment negative
materiality 0.75
Edoc Acquisition Corp.: Nasdaq/NYSE listing notice — Edoc Acquisition faces additional Nasdaq delisting basis for late 10-Q; hearing Feb 22, 2024
Edoc Acquisition Corp.
- Nasdaq notice on Nov 30, 2023 cites failure to file Q3 10-Q (Rule 5250(c)(1)) as additional delisting basis.
- Company filed delinquent 10-Q on Dec 1, 2023; Panel will consider deficiency at hearing.
- Also previously non-compliant with business combination deadline (IM-5101-2) and minimum 300 public holders.
- Hearing to appeal delisting determination scheduled for Feb 22, 2024; no assurance of compliance regained.