On April 29, Priveterra Acquisition Corp II Got Additional Notice From Nasdaq, Co Is No Longer In Compliance With Nasdaq Listing Rule 5250(c)(1)
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Priveterra Acquisition Corp II received an additional notice from Nasdaq on April 29, indicating that the company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1), according to an SEC filing.

May 03, 2024 | 8:04 pm
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Priveterra Acquisition Corp II received a notice from Nasdaq for not complying with Listing Rule 5250(c)(1).
Receiving a notice of non-compliance from Nasdaq is a significant regulatory issue that can affect investor confidence and potentially lead to further negative consequences for the company, such as delisting. This news directly impacts Priveterra Acquisition Corp II and is likely to negatively influence its stock price in the short term due to concerns over its ability to meet Nasdaq's listing requirements.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100