other material
confidence high
sentiment negative
materiality 0.95
Nocturne Acquisition merger with Cognos expires; Nasdaq delisting notice received, meeting canceled
Nocturne Acquisition Corp
- Merger agreement with Cognos Therapeutics expired automatically on March 31, 2024, after Outside Date passed without closing.
- Nasdaq notified Nocturne on March 26, 2024 of non-compliance with SPAC listing rule; delisting effective April 4, 2024 as no hearing requested.
- Extraordinary General Meeting for the business combination, previously postponed to April 2, 2024, has been canceled permanently.
- Company intends to allow its securities to be delisted from Nasdaq; no further merger vote will occur.