Embrace Change Acquisition Says On October 12, Co Received Notice From Nasdaq Indicating That Company Is Not In Compliance With Listing Rule 5450(A)(2)
Portfolio Pulse from Benzinga Newsdesk
Embrace Change Acquisition Corp. (EMCG) has received a notice from Nasdaq indicating that the company is not in compliance with Listing Rule 5450(A)(2).
October 13, 2023 | 8:13 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Embrace Change Acquisition Corp. (EMCG) is not in compliance with Nasdaq Listing Rule 5450(A)(2), which could potentially lead to delisting.
Non-compliance with Nasdaq's listing rules can lead to a company being delisted from the exchange. This would significantly impact the liquidity of the company's shares and could lead to a decrease in the share price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100