GLOBALINK INVESTMENT INC.: Nasdaq/NYSE listing notice — Globalink receives Nasdaq deficiency notice for failing minimum total holders rule

GLOBALINK INVESTMENT INC.

Nasdaq notice dated Oct 16, 2023: Globalink fails to maintain at least 400 total holders for Global Market listing.
Company has 45 days (until Nov 30, 2023) to submit a plan to regain compliance.
If plan accepted, Nasdaq may grant up to 180-day extension to cure deficiency.
No immediate effect on listing or trading of GLLI, GLLIW, GLLIR, or GLLIU securities.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 1.0

GLOBALINK INVESTMENT INC. received a nasdaq deficiency notice notice regarding other (rules 5450(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5450(a)(2)

Exact text from the filing

October 16, 2023, Globalink Investment Inc., a Delaware corporation (the “Company”), received a written notice (the “Notice”) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5450(a)(2), which requires the Company to maintain at least 400 total holders for continued listing on the Nasdaq Global Market (the “Minimum Total Holders Rule”). The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s se

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Source: SEC EDGAR

accession 0001493152-23-040335

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