regulatory
confidence high
sentiment negative
materiality 0.85
Clean Energy SPAC faces Nasdaq delisting for delinquent filings; shareholders approve extension to August 2024
Clean Energy Special Situations Corp.
- Received Nasdaq notice on May 23 for failure to file Q1 10-Q; prior notice for unpaid fees and missing 10-K.
- Nasdaq hearing scheduled June 11, 2024; no assurance of continued listing.
- Director Nicholas Parker resigned effective May 23, 2024, not related to any disagreements.
- Shareholders approved extension of business combination deadline from May 28 to Aug 28, 2024, with option to extend monthly up to Dec 28, 2024.