VEEA INC. (VEEA): Nasdaq/NYSE listing notice — Plum Acquisition Corp. I receives Nasdaq delisting notice for failure to complete business combination within 36 months
VEEA INC.
Received Nasdaq notice on March 18, 2024 for failure to meet Listing Rule IM-5101-2 (36-month deadline for SPAC business combination).
Unless hearing requested, securities will be suspended and delisted from Nasdaq Capital Market on March 27, 2024.
Company intends to request hearing to appeal and seek time to close proposed business combination with Veea Inc. (announced Dec 1, 2023).
Hearing request will stay suspension pending Panel decision, but no assurance of continued listing.
VEEA INC. received a nasdaq deficiency notice notice regarding other (rules IM-5101-2).
Exchange
nasdaq
Notice
deficiency notice
Rules
IM-5101-2
Exact text from the filing
March 18, 2024, Plum Acquisition Corp. I (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company has failed to comply with Nasdaq Listing Rule IM-5101-2, which requires that a special purpose acquisition company must complete one or more business combinations within 36 months of the effectiveness of its IPO registration statement. Pursuant to the Notice, unless the Company timely requests a hearing before The Nasdaq Hearings Panel (the “Panel”), the Company’s securities will be sub
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