regulatory
confidence high
sentiment negative
materiality 0.60
ALPHATIME ACQUISITION CORP: Nasdaq/NYSE listing notice — Nasdaq grants AlphaTime extension to May 28, 2025 for minimum 400 public holders
ALPHATIME ACQUISITION CORP
- Received non-compliance notice on Nov 29, 2024 for failing Minimum Public Holders Rule (400 holders required).
- Submitted compliance plan on Jan 16, 2025; Nasdaq granted 180-day extension until May 28, 2025.
- Must file transfer agent documentation proving at least 400 total holders by the deadline.
- Failure to comply will result in delisting; Company may appeal to a Nasdaq Listing Qualifications Panel.