regulatory
confidence high
sentiment negative
materiality 0.50
Nocturne Acquisition Corp: Nasdaq/NYSE listing notice — Nocturne Acquisition receives Nasdaq delisting notice for missing annual meeting deadline
Nocturne Acquisition Corp
- Received Nasdaq notice Jan 8, 2024 for failing to hold annual meeting within 12 months of FYE Dec 31, 2022, violating Listing Rule 5620(a).
- Has until Feb 22, 2024 (45 days) to submit a compliance plan; if accepted, Nasdaq may extend to June 28, 2024.
- Company intends to submit a plan; securities continue trading on Nasdaq while plan is pending.
- If plan is rejected, company can appeal to a Nasdaq Hearings Panel.