Prospector Capital Corp. No Longer Listed on Nasdaq Following Completion of Business Combination
30 Décembre 2023 - 1:18AM
Business Wire
Prospector Capital Corp. (the “Company”) announced today that on
December 18, 2023, it received a letter from the listing
qualifications department staff of The Nasdaq Stock Market
(“Nasdaq”) notifying the Company that it would be de-listed from
the Nasdaq Capital Market for failure to maintain a minimum Market
Value of Listed Securities at or above the minimum of $35 million
required for continued listing on the Nasdaq Capital Market
pursuant to Nasdaq Listing Rule 5550(b)(2), subject to the
Company’s right to appeal.
In light of the Company’s subsequent completion on December 21,
2023 of its previously announced business combination, Nasdaq has
confirmed that no further action need be taken on this matter.
About Prospector Capital Corp.
Prospector Capital Corp. is a blank check company whose business
purpose is to effect a merger, share exchange, asset acquisition,
share purchase, reorganization or similar business combination with
one or more businesses. The Company completed a business
combination transaction on December 21, 2023.
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version on businesswire.com: https://www.businesswire.com/news/home/20231229396136/en/
Investor Contact: Derek Aberle Prospector Capital Corp. (858)
480-9390
Prospector Capital (NASDAQ:PRSR)
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