Streetbeat News

GMFI

Aetherium Acquisition Corp

Open

11.40

Mkt cap

56M

Volume

2.8K

High

11.40

P/E Ratio

368.00

52-wk high

12.43

Low

11.04

Div yield

N/A

52-wk low

10.87

Aetherium Acquisition is preparing a compliance plan to present to the Nasdaq Listing Council by July 5, 2024. The company intends to file Form F-4 before a decision on its appeal regarding Form 25-NSE. The plan includes qualifying for the Nasdaq Capital Market and preparing a transfer application for trading its securities there.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 9:58 pm

Aetherium Acquisition has postponed its special meeting of stockholders, originally scheduled for March 5, 2024, to March 12, 2024. The company mentioned in the context is GMFI.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 10:44 pm

Aetherium Acquisition Corp. (GMFI) has received a Staff Determination Letter from Nasdaq indicating potential delisting due to non-compliance with minimum market value and shareholder count requirements. The company failed to maintain the required $50 million market value and 400 shareholders. It also did not file Forms 10-Q for the periods ending March 31, June 30, and September 30, 2023. GMFI plans to appeal the decision and has taken steps to regain compliance, including transitioning accounting services and working with EF Hutton to increase shareholder count.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 1:33 pm

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