regulatory
confidence high
sentiment negative
materiality 0.90
Plum Acquisition Corp. I receives Nasdaq delisting notice for late Q2 10-Q and failure to complete business combination.
VEEA INC.
- Nasdaq notified Plum Acquisition Corp. I of delinquent Q2 10-Q filing as additional delisting basis.
- Company previously failed to complete business combination within 36 months of IPO effectiveness per Nasdaq Rule IM-5101-2.
- Company intends to present its views to the Nasdaq Hearings Panel; securities continue trading pending.
- Nasdaq Hearings Panel will consider this additional deficiency in its decision on continued listing.