regulatory
confidence high
sentiment negative
materiality 0.80
Onyx Acquisition Co. I: Nasdaq/NYSE listing notice — Onyx Acquisition Co. I receives Nasdaq non-compliance notices for MVPHS and public float
Onyx Acquisition Co. I
- MVPHS Notice: failed to meet $15M minimum market value of publicly held shares for 30 business days ended Apr 3, 2024.
- Must regain compliance by Oct 2, 2024; market value must close at $15M+ for 10 consecutive business days.
- Public Float Notice: failed to maintain minimum 1,100,000 publicly held shares.
- Must submit compliance plan within 45 days and regain compliance by Oct 2, 2024 or face potential delisting.
- Applied for transfer from Nasdaq Global Market to Nasdaq Capital Market on Apr 8, 2024.