- Sagaliam Acquisition (NASDAQ:SAGA) has received a notification letter from Nasdaq confirming the company has regained compliance with Nasdaq's listing rule.
- Nasdaq had earlier notified the company is not in compliance, as it has failed to file its Form 10-K for the period ended December 31, 2022. However, on May 22, 2023, the company filed its Form 10-K for the period ended December 31, 2022.
- Accordingly, the stock exchange noted that the matter is now closed.