regulatory
confidence high
sentiment negative
materiality 0.75
BEST SPAC I gets Nasdaq delisting notice for MVLS below $35M
BEST SPAC I Acquisition Corp.
- Received Nasdaq letter on Aug 19, 2026: MVLS below $35M for 30 consecutive business days.
- Also fails Listing Rules 5550(b)(1) and 5550(b)(3); compliance period ends Feb 15, 2027.
- Securities continue trading as BSAAU, BSAA, BSAAR; no immediate delisting effect.
- If not compliant by deadline, Nasdaq will issue delisting notice; appeal to Hearings Panel possible.