regulatory
confidence high
sentiment negative
materiality 0.60
ALPHATIME ACQUISITION CORP: Nasdaq/NYSE listing notice — AlphaTime Acquisition Corp receives Nasdaq deficiency notice for minimum public holders rule
ALPHATIME ACQUISITION CORP
- Nasdaq notified company of non-compliance with Listing Rule 5450(a)(2) requiring at least 400 total holders.
- Company has 45 days (until January 13, 2025) to submit a plan to regain compliance.
- If plan accepted, Nasdaq may grant up to 180 calendar days extension to evidence compliance.
- Company intends to apply to transfer listing to The Nasdaq Capital Market if appropriate.