Quadro Acquisition One Corp.: Nasdaq/NYSE listing notice — Quadro Acquisition One terminates BCA with NHC Holdings; Nasdaq delisting risk from unpaid fees

Quadro Acquisition One Corp.

Terminated Business Combination Agreement with NHC Holdings due to seller's failure to provide 2023 financial statements by April 30 and disclosure schedules by Feb 29.
Nasdaq notified company of non-compliance for failure to pay $81,000 in annual listing fees; views due May 6, 2024.
Previously granted Nasdaq extension until Aug 19, 2024 to complete deal; termination may jeopardize listing.
Company plans to submit views on fee deficiency and update Nasdaq on BCA termination by May 6.

item 1.02 item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Quadro Acquisition One Corp. received a nasdaq noncompliance notice notice regarding other (rules 5250(f)).

Exchange: nasdaq
Notice: noncompliance notice
Rules: 5250(f)

Exact text from the filing

April 29, 2024, the Company received an additional notification letter from Nasdaq notifying the Company that it had failed to pay certain annual fees required by Listing Rule 5250(f) totaling $81,000. As a result, Nasdaq requires the Company submit its views with respect to this deficiency in writing no later than May 6, 2024, whereupon the hearings panel will consider whether to continue listing the Company’s securities on Nasdaq. The Company plans to submit its views on this matter and update Nasdaq regarding the termination of the BCA by May 6, 2024. 1 SIGNATURES Pursuant to the requiremen

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Quadro Acquisition One Corp. terminated Business Combination Agreement with NHC Holdings II, Inc., NHC Merger Sub, Inc., Global Growth Holdings, LLC, and Greg Lindberg (effective 2024-05-01).

Action: termination
Agreement: merger
Counterparty: NHC Holdings II, Inc., NHC Merger Sub, Inc., Global Growth Holdings, LLC, and Greg Lindberg
Effective: 2024-05-01

Exact text from the filing

On May 1, 2024, the Company provided notice to the Seller that it has terminated the BCA pursuant to Section 7.1(e) thereof

View on SEC.gov

95 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001213900-24-039744

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.