regulatory
confidence high
sentiment negative
materiality 0.65
Goldenstone Acquisition Ltd. (GDST): Nasdaq/NYSE listing notice — Goldenstone receives Nasdaq notice for insufficient public holders; compliance plan due Jan 18, 2024
Goldenstone Acquisition Ltd.
- Nasdaq notified Goldenstone it fails to meet minimum 300 public holders requirement under Listing Rule 5550(a)(3).
- Company has 45 calendar days (until Jan 18, 2024) to submit a plan to regain compliance.
- If plan accepted, Nasdaq may grant up to 180-day extension from Notice date.
- No immediate effect on listing of securities on Nasdaq Capital Market.