regulatory
confidence high
sentiment negative
materiality 0.70
YHN Acquisition I to be delisted from Nasdaq Oct 30 after failing $15M public-float and $50M MVLS tests
YHN Acquisition I Ltd
- Nasdaq Staff Determination issued Oct 21, 2026 after the company missed the Oct 14, 2026 deadline to regain compliance with Listing Rules 5450(b)(2)(C) ($15M MVPHS) and 5450(b)(2)(A) ($50M MVLS).
- Board chose not to appeal by the Oct 28, 2026 deadline and not to move to the Nasdaq Capital Market; trading in units (YHNAU), shares (YHNA) and rights (YHNAR) suspends at open Oct 30, 2026.
- Company plans to seek OTC Markets quotation, which requires a market maker Form 211 cleared by FINRA; no assurance the filing is cleared or an active market develops.
- Delisting does not affect operations or the intent to pursue a business combination; holders keep pro rata trust-account rights on a combination vote or liquidation.
- Company will continue filing periodic SEC reports and will announce the OTC tier and symbols when available.
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