regulatory
confidence high
sentiment negative
materiality 0.70
Goal Acquisitions Corp.: Nasdaq/NYSE listing notice — Goal Acquisitions receives Nasdaq delisting notice for market value and public float shortfalls
Goal Acquisitions Corp.
- Received Nasdaq notice on April 1, 2024 for failing minimum $35M market value of listed securities (Rule 5550(b)(2)).
- Also failed minimum 500,000 publicly held shares requirement (Rule 5550(a)(4)).
- Company had previously disclosed non-compliance with Nasdaq's 36-month business combination deadline (IM-5101).
- Must present compliance plan at upcoming Nasdaq Hearings Panel; trading unaffected for now.