regulatory
confidence high
sentiment negative
materiality 0.60
Spectaire Holdings Inc.: Nasdaq/NYSE listing notice — Perception Capital Corp. II receives Nasdaq deficiency notice for low market value of public shares
Spectaire Holdings Inc.
- On May 5, 2023, Nasdaq notified Perception Capital that its MVPHS for Class A shares was below $15M for 30 consecutive business days.
- The company has 180 days, until November 1, 2023, to regain compliance by achieving MVPHS >= $15M for 10 consecutive business days.
- If not compliant by then, Nasdaq may delist the Class A shares; the company may appeal or transfer to Nasdaq Capital Market.
- No immediate delisting; the company is considering options to achieve compliance.