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Papaya Growth Faces Nasdaq Delisting Amid Extension Plans
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Papaya Growth Faces Nasdaq Delisting Amid Extension Plans

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Papaya Growth Opportunity Corp. I Class A ( (PPYA) ) has shared an announcement.

Papaya Growth Opportunity Corp. I, on January 14, 2025, held a special meeting to extend its business combination deadline from January 19, 2025, to December 19, 2025, by amending its Charter and investment management trust agreement. However, the company received a notice from Nasdaq on January 16, 2025, regarding the delisting of its securities due to the failure to complete an initial business combination by the required date. Despite this setback, Papaya intends to continue pursuing a business combination and aims to relist its securities on Nasdaq, although this remains uncertain.

More about Papaya Growth Opportunity Corp. I Class A

YTD Price Performance: 0.36%

Average Trading Volume: 5,480

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $108.5M

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

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