SEP Acquisition Corp Received Determination Letter From Staff Of Nasdaq Stating That Co Has Not Regained Compliance With MVLS Standard
Portfolio Pulse from Benzinga Newsdesk
SEP Acquisition Corp has received a determination letter from the staff of Nasdaq stating that the company has not regained compliance with the Minimum Value Listing Standard (MVLS).
October 03, 2023 | 8:30 pm
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NEGATIVE IMPACT
SEP Acquisition Corp has not regained compliance with Nasdaq's MVLS, which could potentially lead to delisting.
SEP Acquisition Corp's failure to regain compliance with Nasdaq's MVLS could lead to potential delisting. This negative news could impact investor confidence and lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100