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Globalink Investment Inc. Announces Receipt Of Nasdaq Subsequent Notification Of Compliance

Benzinga Real-time News ·  Dec 12, 2022 16:34

Globalink Investment Inc. (NASDAQ: "GLLI", "GLLIU" units, "GLLIW" warrants, and "GLLIR" rights) (the "Company"), a publicly traded special purpose acquisition company, today announced that it received a notification letter (the "Letter") from Listing Qualification Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that based on the December 6, 2022 filing of the Company's Form 10-Q for the period ended September 30, 2022 (the "Form 10-Q"), the Company now complies with the Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") and this matter is now closed.

The Company had earlier announced that it had received a deficiency notice from the Nasdaq on November 22, 2022, stating that the Company was not in compliance with the Listing Rule because it had not timely filed its Form 10-Q. As the Company has regained compliance, the Letter confirmed that the matter is now closed.

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