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Four Leaf Acquisition Faces Nasdaq Compliance Notice

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Four Leaf Acquisition Faces Nasdaq Compliance Notice

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The latest update is out from Four Leaf Acquisition Corporation Class A ( (FORL) ).

Four Leaf Acquisition Corporation announced it received a notice from Nasdaq for not filing its quarterly report on Form 10-Q for the period ending September 30, 2024, on time, which is a breach of Nasdaq’s listing requirements. This notice does not immediately affect the company’s stock listing, but further delays could impact it. The company must submit a compliance plan by January 19, 2025, and file the overdue report by May 19, 2025, with intentions to address the delay as soon as possible.

More about Four Leaf Acquisition Corporation Class A

Four Leaf Acquisition Corporation is a blank check company incorporated in Delaware with the aim of merging, acquiring, or reorganizing businesses, particularly targeting the Internet of Things (IoT) market. The company is led by CEO Angel Orrantia, CFO Coco Kou, Chief Strategy Officer Robert de Neve, and Chairman Bala Padmakumar.

YTD Price Performance: 4.62%

Average Trading Volume: 20,854

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $45.14M

See more insights into FORL stock on TipRanks’ Stock Analysis page.

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