Valuence Merger Corp. I (VMCAF): Nasdaq/NYSE listing notice — Valuence Merger Corp. I faces Nasdaq delisting of warrants; intends to transfer to Capital Market

Valuence Merger Corp. I

Nasdaq notified company on May 10, 2024 that warrants failed market value requirement (<$1M) and initiated delisting proceedings.
Company has until 4:00 p.m. ET on May 17, 2024 to request hearing or apply to transfer warrants to Nasdaq Capital Market.
Company intends to submit application to transfer by deadline; delisting proceedings suspended pending outcome.
Notice does not affect listing or trading of Class A ordinary shares or units.

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 0.95

Valuence Merger Corp. I received a nasdaq delisting notice notice regarding market value (rules 5452(b)(C)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: market value
Rules: 5452(b)(C)

Exact text from the filing

May 10, 2024, the Company received a written notice (the “Notice”) from Nasdaq stating that the Company had not regained compliance with Listing Rule 5452(b)(C) and that Nasdaq had determined to commence proceedings to delist the Company’s warrants from the Nasdaq Global Market. Unless the Company requests a hearing to appeal this determination or submits an application to transfer the listing of its warrants from the Nasdaq Global Market to the Nasdaq Capital Market by 4:00 p.m. Eastern Time on May 17, 2024, trading in the warrants will be suspended at the opening of business on May 21, 2024.

View on SEC.gov

Browse all listing & compliance notices →

Valuence Merger Corp. I filing history →

Source: SEC EDGAR

accession 0001493152-24-020282

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.