Breeze Acquisition Corp. II Loses Compliance with NASDAQ Listing Rule

Dow Jones08-22 05:37

Breeze Acquisition Corp. II lost compliance with a Nasdaq listing rule after it failed to file its last two quarterly reports on time.

The company said Friday it now has 30 calendar days, or until Sept. 21, to submit a plan to regain compliance. If the Nasdaq accepts the plan, it may grant the company an exception of up to 180 calendar days from the initial delinquent filing's due date, or until Dec. 28, to regain compliance.

The company said it plans to take the steps necessary to regain compliance as soon as practicable, or submit a plan to Nasdaq within the required time frame.

The company said it lost compliance with the stock exchange's listing rule because it hasn't filed its quarterly reports for the periods ending March 31 and June 30. The rule requires all listed companies to timely file all required financial reports with the Securities and Exchange Commission.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment