regulatory
confidence high
sentiment negative
materiality 0.75
Stardust Power Inc. (SDST): Nasdaq/NYSE listing notice — GPAC II receives Nasdaq delisting notice, appeals with hearing set for April 2, 2024
Stardust Power Inc.
- On Jan 17, 2024, Nasdaq notified GPAC II of non-compliance with IM-5101-2 (36-month deadline to complete business combination).
- Suspension and delisting scheduled for Jan 25, 2024, but GPAC II timely requested a hearing on Jan 23, 2024.
- Hearing before Nasdaq Hearings Panel set for April 2, 2024; hearing request stays suspension pending decision.
- GPAC II seeks additional time to complete business combination with Stardust Power Inc.