Technology & Telecommunication Acquisition Corp (TETEF): Nasdaq/NYSE listing notice — TETE receives Nasdaq delisting notice for insufficient total holders

Technology & Telecommunication Acquisition Corp

Nasdaq notified TETE on April 10, 2024, that it fails to meet the 400 total holder requirement for the Global Market.
TETE has 45 days to submit a compliance plan to regain compliance with Nasdaq Listing Rule 5450(a)(2).
If plan is accepted, Nasdaq may grant an extension of up to 180 days for TETE to evidence compliance.
If plan rejected, TETE may appeal to a Nasdaq hearings panel; no assurance of regaining compliance.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Technology & Telecommunication Acquisition Corp received a nasdaq deficiency notice notice regarding shareholders (rules 5450(a)(2)).

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

Exact text from the filing

April 10, 2024, Technology and Telecommunication Acquisition Corporation (“TETE”) received a letter (the “Notice”) from the Nasdaq Listing Qualifications department of the Nasdaq Stock Market LLC (“Nasdaq”) stating that TETE no longer complies with the requirements of Nasdaq Listing Rule 5450(a)(2) (the “Rule”) for continued listing on the Nasdaq Global Market. Under the Rule, TETE is required to maintain at least 400 total holders (the “Total Holder Requirement”). The Notice indicates that TETE has 45 calendar days (the “Deadline”) to submit a plan (the “Compliance Plan”) to regain compliance

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3 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Technology & Telecommunication Acquisition Corp filing history →

Source: SEC EDGAR

accession 0001493152-24-014562

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