YHN Acquisition I Faces Nasdaq Delisting After Failing Market Value Requirements
Bitget2026/10/26 21:01- YHN Acquisition I expects Nasdaq trading suspension on October 30, 2026, and subsequent delisting for failing continued listing requirements.
- Deficiencies involved publicly held shares valued below $15 million and listed securities valued below $50 million.
- Nasdaq issued its delisting determination on October 21 following failure to regain compliance by the October 14 deadline.
- The board declined to appeal the determination or seek a transfer to the Nasdaq Capital Market by October 28.
- The company intends to seek OTC Markets quotation for its units, ordinary shares and rights following the Nasdaq trading suspension.
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