bleuacacia Ltd. Faces Nasdaq Compliance Hurdle and Delisting Risk
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bleuacacia Ltd. Faces Nasdaq Compliance Hurdle and Delisting Risk

bleuacacia Ltd. Class A ( (BLEU) ) just unveiled an update.

bleuacacia ltd, a company listed on NASDAQ, has received a non-compliance notice from Nasdaq due to delayed filing of its quarterly report. The notice doesn’t immediately affect its stock’s trading status, but the company must submit a compliance plan within 60 days to avoid potential delisting. If accepted, Nasdaq may allow up to 180 days for bleuacacia to correct the issue. However, there’s no guarantee that compliance will be achieved, risking delisting and the option for the company to appeal any delisting decision.

Learn more about BLEU stock on TipRanks’ Stock Analysis page.

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