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
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100