Bannix Acquisition Corp.: Nasdaq/NYSE listing notice — Bannix Acquisition Corp. receives Nasdaq delisting notice for missing annual meeting

Bannix Acquisition Corp.

Received Nasdaq deficiency notice on Jan 9, 2024 for failing to hold annual meeting within 12 months of FY2022 end.
Has 45 days (until Feb 23, 2024) to submit compliance plan to regain listing.
If plan accepted, Nasdaq may grant extension until June 28, 2024 to hold meeting.
Securities continue trading on Nasdaq while compliance plan is pending.
Company intends to set meeting date and submit plan in near future.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Bannix Acquisition Corp. received a nasdaq deficiency notice notice regarding other (rules 5620(a), 5810(c)(2)(G)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5620(a), 5810(c)(2)(G)

Exact text from the filing

January 9, 2024, Bannix Acquisition Corp. (the “Company”) received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company failed to hold an annual meeting of stockholders within 12 months after its fiscal year ended December 31, 2022, as required by Nasdaq Listing Rule 5620(a). In accordance with Nasdaq Listing Rule 5810(c)(2)(G), the Company has 45 calendar days (or until February 23, 2024) to submit a plan to regain compliance and, if Nasdaq accepts the plan, Nasdaq may grant the Company up to 180 calendar days from its fiscal y

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Source: SEC EDGAR

accession 0001731122-24-000047

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