Fintech Ecosystem Development Corp.: Nasdaq/NYSE listing notice — Fintech Ecosystem Development Corp. receives Nasdaq deficiency notice for late Q3 2023 10-Q filing

Fintech Ecosystem Development Corp.

Received Nasdaq notice on Dec 21, 2023 for not filing Form 10-Q for period ended Sept 30, 2023; violates Listing Rule 5250(c)(1).
Has 60 calendar days to submit a compliance plan; Nasdaq may grant extension to May 13, 2024.
Company expects to file Form 10-Q within 60 days, eliminating need for compliance plan submission.
Notice is a deficiency notification; no immediate delisting effect on Nasdaq Capital Market.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Fintech Ecosystem Development Corp. received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: noncompliance notice
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

December 21, 2023, Fintech Ecosystem Development Corp., a Delaware corporation (the “Company”), received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that since the Company has not yet filed its Form 10-Q for the period ended September 30, 2023 (the “Form 10-Q”), the Company is no longer in compliance with Listing Rule 5250(c)(1) (the “Rule”), which requires the Company to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). The Notice is only a notifi

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Source: SEC EDGAR

accession 0001213900-23-098710

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