On Oct 9, Vision Sensing Acquisition Got Notice From Nasdaq Co Was No Longer In Compliance With Continued Listing Criteria In Listing Rule 5450(A)(2)
Portfolio Pulse from Benzinga Newsdesk
Vision Sensing Acquisition (VSAC) has received a notice from Nasdaq stating that the company is no longer in compliance with the continued listing criteria in Listing Rule 5450(A)(2), according to an SEC filing.
October 13, 2023 | 9:09 pm
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NEGATIVE IMPACT
VSAC's non-compliance with Nasdaq's listing criteria could potentially lead to its delisting, which would negatively impact its stock price.
Non-compliance with Nasdaq's listing criteria is a serious issue that could lead to delisting. Delisting often results in a decrease in the liquidity of a stock, which can lead to a decrease in its price. Therefore, this news is highly relevant and important for VSAC investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100