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- Aetherium Acquisition (NASDAQ:GMFIU) (NASDAQ:GMFI) received a notice from Nasdaq for not being in compliance with the rule for continued listing as the company has not yet filed its Quarterly Report on Form 10-Q for period ended March 31, with the Securities and Exchange Commission (SEC).
- The SPAC (special purpose acquisition company) has 60 calendar days, or until July 24, to submit a plan to regain compliance.
- If Nasdaq accepts the plan, then it may grant the company up to 180 calendar days, or until Nov. 20, to file the Form 10-Q to regain compliance.