regulatory
confidence high
sentiment positive
materiality 0.75
Global System Dynamics, Inc.: Nasdaq/NYSE listing notice — Nasdaq grants conditional extension; GSD must file S-4 response by Jan 19 and close DarkPulse deal by Apr 1
Global System Dynamics, Inc.
- Received conditional continued listing on Nasdaq Capital Market from Hearings Panel on Jan 2, 2024.
- Must file response to SEC comments on Form S-4 by Jan 19, 2024; failure could lead to delisting.
- Must complete business combination with DarkPulse, Inc. (OTC: DPLS) on or before April 1, 2024.
- Previously non-compliant with minimum market value of listed securities ($35M) under Nasdaq Listing Rule 5550(b)(2).
- Company working diligently to meet milestones; no assurance of ultimate compliance.