regulatory
confidence high
sentiment negative
materiality 0.75
Metal Sky Star Acquisition Corp (MSSAF): Nasdaq/NYSE listing notice — Metal Sky Star receives Nasdaq delisting notice for minimum publicly held shares non-compliance
Metal Sky Star Acquisition Corp
- Na sdaq notified MSSA on March 24, 2025, of non-compliance with Listing Rule 5450(b) requiring minimum 1,100,000 publicly held shares.
- Notice has no immediate effect on trading; company has 45 calendar days to submit a compliance plan.
- If plan accepted, Nasdaq may grant up to 180-day extension; MSSA may also apply to transfer to Capital Market.
- Failure to regain compliance could lead to delisting, subject to appeal to a hearings panel.