regulatory
confidence high
sentiment negative
materiality 0.80
Plum Acquisition Corp. III receives Nasdaq delisting notice for MVLS non-compliance
Plum Acquisition Corp. III
- Nasdaq notified on Aug 8, 2024 that MVLS below $35M minimum for 32 consecutive business days.
- Company has 180 calendar days to regain compliance; MVLS must be >= $35M for 10 consecutive days.
- Failure to regain compliance may lead to delisting; Company may appeal.
- No immediate effect on listing or trading of PLMJ, PLMJW, PLMJU.