regulatory
confidence high
sentiment negative
materiality 0.55
Breeze Holdings Acquisition Corp.: Nasdaq/NYSE listing notice — Breeze Holdings gets OTCQX delisting notice; merger with YD Biopharma planned by June 13
Breeze Holdings Acquisition Corp.
- Received OTCQX non-compliance notice on March 17, 2025; cure deadline June 13, 2025.
- Must meet net tangible assets ($2M if 3+ yrs or $5M if less), avg revenue $6M, or bid price $5/share.
- Pursuing business combination with YD Biopharma Limited expected to close before June 13, 2025.
- Combined company required to list on NASDAQ Capital Markets at closing.
- If not cured, common stock BRZH and warrants BRZHW will be moved from OTCQX.