LESS THAN 400?
$Rose Hill Acquisition(ROSE.US$ i dont recall ever seeing this one on a ticker im in or watching? hehehe! how about you?![]()
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On September 14, 2023, the Staff notified the Company that its Determination Letter would be supplemented to include the Company’s non-compliance with Listing Rule 5550(a)(3) requiring 400 total shareholders and that the Company’s noncompliance with Listing Rule 5550(a)(3) will also be considered by the Panel at the hearing expected to occur on October 5, 2023. The Company’s non-compliance with Listing Rule 5550(a)(3) will not have an immediate effect on the suspension and delisting of the Company’s securities which has been stayed pending a decision by the Panel. The Panel may, in its discretion, grant the Company an additional compliance period to regain compliance and maintain its Nasdaq listing; however, there can be no assurance that the Panel will grant such additional time.
On September 14, 2023, the Staff notified the Company that its Determination Letter would be supplemented to include the Company’s non-compliance with Listing Rule 5550(a)(3) requiring 400 total shareholders and that the Company’s noncompliance with Listing Rule 5550(a)(3) will also be considered by the Panel at the hearing expected to occur on October 5, 2023. The Company’s non-compliance with Listing Rule 5550(a)(3) will not have an immediate effect on the suspension and delisting of the Company’s securities which has been stayed pending a decision by the Panel. The Panel may, in its discretion, grant the Company an additional compliance period to regain compliance and maintain its Nasdaq listing; however, there can be no assurance that the Panel will grant such additional time.
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