regulatory
confidence high
sentiment negative
materiality 0.85
Healthcare AI Acquisition Corp.: Nasdaq/NYSE listing notice — Healthcare AI Acquisition Corp. to be delisted from Nasdaq on Dec 17; OTC trading planned
Healthcare AI Acquisition Corp.
- Received Nasdaq delisting notice Dec 10, 2024 for not completing business combination by Dec 9, 2024 (36-month deadline).
- Company will not appeal; securities suspended at open Dec 17, 2024, with expected OTC trading same day.
- Deposited $13,173.17 into trust on Dec 12, 2024 to extend combination deadline to Jan 14, 2025; monthly extensions possible through May 14, 2025.