Vision Sensing Acquisition discloses Nasdaq delisting determination letter

Vision Sensing Acquisition, a special purpose acquisition company, announced that it received a staff determination letter , on January 17, 2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC notifying the Company of the determination from the Nasdaq Staff to delist the Company’s securities from The Nasdaq Stock Market, because, as of December 26, 2023, the Company had not regained compliance with the requirement set forth Listing Rule 5450(b)(2)(A) that requires the market value of the Company’s listed securities to be $50,000,000 or more. The Letter also states that since the Company has not yet filed its Form 10-Q for the period ended September 30, 2023, it no longer complies with Listing Rule 5250(c)(1) for continued listing. Accordingly, this matter serves as a separate and additional basis for delisting the Company’s securities from The Nasdaq Stock Market.