regulatory
confidence high
sentiment negative
materiality 0.55
Horizon Space transfers to Nasdaq Capital Market after shareholder count non-compliance
Horizon Space Acquisition I Corp.
- Nasdaq notified company on Oct 3, 2024 for failing to have at least 400 shareholders (Rule 5450(a)(2)).
- Application to transfer to Nasdaq Capital Market was submitted Oct 3, 2024; approved Nov 12, 2024.
- Trading of HSPO units, shares, warrants, and rights begins on Nasdaq Capital Market Nov 14, 2024.
- The company remains a SPAC seeking a business combination.