regulatory
confidence high
sentiment negative
materiality 0.70
Four Leaf Acquisition Corp: Nasdaq/NYSE listing notice — Four Leaf Acquisition receives Nasdaq delisting notice for MVLS non-compliance; plans to appeal
Four Leaf Acquisition Corp
- Nasdaq notified Four Leaf on April 8, 2025 that it failed to regain compliance with $35M MVLS minimum by March 24, 2025 deadline.
- Unless company appeals by April 15, 2025, trading of common stock will be suspended at open on April 17, 2025, and Form 25-NSE filed.
- Company intends to timely appeal to Nasdaq Hearings Panel to stay suspension pending hearing decision.
- Previously disclosed on September 24, 2024, company had 180-day compliance period ending March 24, 2025.