SAN DIEGO, Sept. 07, 2024 (GLOBE NEWSWIRE) — Embrace Change Acquisition Corp. (Nasdaq: EMCG, EMCGW, EMCGU, EMCGR) (“Embrace Change” or the “Company”), introduced at present that on September 5, 2024, it obtained a further employees willpower discover from the Itemizing {Qualifications} Division of the Nasdaq Inventory Market LLC (“Nasdaq”) notifying the Firm that it’s delinquent in submitting its Quarterly Report on Type 10-Q for the interval ended June 30, 2024 (the “Form 10-Q”) and that this matter serves as a further foundation for delisting the Firm’s securities from The Nasdaq Inventory Market. The failure to well timed file the 10-Q is a violation of Nasdaq Itemizing Rule 5250(c)(1).
Embrace Change is actively working to finish and file the delayed Type 10-Q. In accordance with the timeline established beforehand by the Nasdaq hearings panel, the Firm goals to regain compliance with Nasdaq’s itemizing necessities by September 30, 2024, by finishing all required filings.
This announcement is being made in compliance with Nasdaq Itemizing Rule 5810(b), which requires immediate disclosure of receipt of a deficiency notification.
About Embrace Change Acquisition Corp.
Embrace Change Acquisition Corp. is a clean test firm, additionally generally known as a particular goal acquisition firm, or SPAC, shaped for the aim of effecting a merger, capital inventory trade, asset acquisition, inventory buy, reorganization or different comparable enterprise mixture with a number of companies.
Ahead-Trying Statements
This press launch accommodates statements that represent “forward-looking statements,” together with with respect to the Firm’s seek for an preliminary enterprise mixture and its means to regain compliance with Nasdaq itemizing necessities. Ahead-looking statements are topic to quite a few circumstances, a lot of that are past the management of the Firm, together with these set forth within the Threat Elements part of the Firm’s annual report and quarterly reviews filed with the Securities and Alternate Fee (the SEC). Copies can be found on the SEC’s web site, www.sec.gov. The Firm undertakes no obligation to replace these statements for revisions or modifications after the date of this launch, besides as required by legislation.
Contact:
contact@embracechange.prime
Supply: Embrace Change Acquisition Corp.