Finnovate Acquisition Corp Says On Oct 9 Got Deficiency Notice From Nasdaq Saying That Co No Longer Meets Minimum Total Holders Requirement
Portfolio Pulse from Benzinga Newsdesk
Finnovate Acquisition Corp received a deficiency notice from Nasdaq on October 9, stating that the company no longer meets the minimum total holders requirement.
October 13, 2023 | 8:23 pm
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Finnovate Acquisition Corp's failure to meet Nasdaq's minimum total holders requirement could lead to potential delisting.
Finnovate Acquisition Corp's failure to meet the minimum total holders requirement is a serious issue as it could lead to potential delisting from Nasdaq. This could negatively impact the company's stock price in the short term.
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