PowerUp Acquisition Corp. Receives Deficiency Notice From Nasdaq
Portfolio Pulse from Benzinga Newsdesk
PowerUp Acquisition Corp. (NASDAQ:PWUP) received a deficiency notice from Nasdaq for not complying with the timely filing requirement under Nasdaq Listing Rule 5250(c)(1).
June 05, 2024 | 8:25 pm
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PowerUp Acquisition Corp. received a deficiency notice from Nasdaq for failing to comply with timely filing requirements, which could lead to potential delisting if not addressed.
The deficiency notice from Nasdaq indicates a serious compliance issue that could lead to delisting if not resolved. This is likely to negatively impact investor confidence and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100