regulatory
confidence high
sentiment negative
materiality 0.80
Goal Acquisitions Corp.: Nasdaq/NYSE listing notice — Goal Acquisitions receives Nasdaq delisting notice for multiple deficiencies
Goal Acquisitions Corp.
- Nasdaq notice on April 23, 2024 cites non-compliance with 36-month business combination deadline, market value <$35M, public float <500K shares, and unpaid fees.
- Company must present a compliance plan to Nasdaq Hearings Panel by April 30, 2024; intends to do so.
- Non-compliance with Nasdaq IM-5101 (business combination deadline) and Listing Rules 5550(b)(2) and 5550(a)(4).
- Trading in units, common stock, and warrants continues pending hearing, but delisting risk remains.