Global Partner Acquisition II (GPAC) has released an update to notify the public and investors about listing compliance status.
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Global Partner Acquisition Corp II (GPAC II) was notified by Nasdaq on January 17, 2024, of potential delisting due to non-compliance with a rule requiring completion of a business combination within 36 months of its IPO. The company filed a timely appeal on January 23, 2024, to stay the suspension while seeking additional time to fulfill the requirement. A Nasdaq Hearings Panel hearing is set for April 2, 2024, to consider the matter.
For further insights into GPAC stock, check out TipRanks’ Stock Analysis page.