Bayview Acquisition (BAYA) Corp announced that the Nasdaq Hearings Panel has determined to grant the company’s request to continue its listing on The Nasdaq Stock Market. In a decision dated April 22, the Panel granted the company’s request for continued listing, subject to certain conditions. Specifically, (1) effective as of the open of trading on April 24, the company’s securities were transferred to the Nasdaq Capital Market, and (2) the company must close its business combination with Oabay and demonstrate compliance with the Nasdaq initial listing rules on or before June 19.
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