regulatory
confidence high
sentiment negative
materiality 0.80
Evergreen Corp: Nasdaq/NYSE listing notice — Evergreen Corp receives Nasdaq delisting notice for failing to meet minimum 400 shareholders
Evergreen Corp
- Nasdaq letter on Feb 3, 2025: Evergreen failed to maintain minimum 400 total shareholders for continued listing.
- Company must request a hearing by Feb 10, 2025 or trading suspension begins Feb 12, 2025.
- If delisted, securities expected to trade OTC; company intends to relist on Nasdaq upon closing a business combination.
- No additional details on the potential business combination timeline provided.