regulatory
confidence high
sentiment negative
materiality 0.60
Aquaron Acquisition Corp.: Nasdaq/NYSE listing notice — Aquaron Acquisition Corp. gets Nasdaq notice; must submit compliance plan by Feb 22, 2024
Aquaron Acquisition Corp.
- Received Nasdaq notice on Jan 8, 2024 for failing to hold annual meeting within 12 months after FYE Dec 31, 2022.
- Has 45 days (until Feb 22, 2024) to submit a plan to regain compliance under Rule 5810(c)(2)(G).
- If plan accepted, Nasdaq may grant extension until June 28, 2024 to hold the annual meeting.
- Company intends to set a meeting date and submit a plan; securities continue trading pending.
- If plan rejected, Company can appeal to a Nasdaq Hearings Panel.