FTAC Athena Acquisition Corp. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report o...
28 Maio 2021 - 5:30PM
FTAC Athena Acquisition Corp. (NASDAQ:FTAA) (the “Company”), a
blank-check company formed for the purpose of acquiring or merging
with one or more technology and financial services technology
companies, today announced that on May 28, 2021 it received a
notice from Nasdaq Regulation indicating that, as a result of not
having timely filed its Quarterly Report on Form 10-Q for the
period ended March 31, 2021 (the “Form 10-Q”), the Company is not
in compliance with Nasdaq Listing Rule 5250(c)(1), which requires
timely filing of all required periodic financial reports with the
Securities and Exchange Commission (the “SEC”).
The Nasdaq notice has no immediate effect on the listing or
trading of the Company’s units, Class A ordinary
shares or warrants on the Nasdaq Capital Market. The Notice
provides that the Company must submit a plan to regain compliance
with Nasdaq Listing Rule 5250(c)(1) by July 26, 2021. If the plan
is accepted by Nasdaq, then Nasdaq can grant the Company up to 180
calendar days from the due date of the Form 10-Q, or November 22,
2021, to regain compliance.
As the Company reported in its Form 12b-25 filed with the SEC on
May 18, 2021, the Company is working diligently to complete
the Form 10-Q as soon as possible; however, given the scope of the
process for evaluating the impact on the Company’s financial
statements of the Staff Statement on Accounting and Reporting
Considerations for Warrants Issued by Special Purpose Acquisition
Companies (“SPACs”) issued by the staff of the SEC on April 12,
2021, the Company is not in a position to file the Form 10-Q until
after the completion of this process.
This press release contains statements that constitute
“forward-looking statements.” Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company's registration statement and
prospectus for its initial public offering filed with the SEC. The
Company undertakes no obligation to update these statements for
revisions or changes after the date of this press release, except
as required by law.
Contact Information:
Amanda Abrams amanda@ftspac.com (215) 701-9693
FTAC Athena Acquisition (NASDAQ:FTAAU)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
FTAC Athena Acquisition (NASDAQ:FTAAU)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
Notícias em tempo-real sobre FTAC Athena Acquisition Corporation da NASDAQ bolsa de valores: 0 artigos recentes
Mais Notícias de