other material
confidence high
sentiment negative
materiality 0.65
LF Capital Acquisition Corp. II: Nasdaq/NYSE listing notice — LF Capital Acquisition Corp. II receives Nasdaq warrant delisting notice; extends deadline to July 19, 2023
LF Capital Acquisition Corp. II
- Nasdaq notice on June 14, 2023: warrants' aggregate market value below $1M; 45 days to submit compliance plan.
- If plan accepted, Company has until Dec 11, 2023 to regain compliance; non-compliance could lead to delisting.
- Deposited $452,016.76 into trust account to extend business combination deadline from June 14 to July 19, 2023.
- Extension funded by drawing on promissory note from sponsor Level Field Capital II, LLC.