BlueRiver Acquisition (BLUA) has released an update to notify the public and investors about listing compliance status.
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BlueRiver is facing delisting from the NYSE American Exchange due to not completing a business combination within the timeframe set since its IPO. Although trading of its shares continues for now, the company has been notified of the potential delisting and is seeking a review of this decision by the Exchange’s Board of Directors. BlueRiver plans to request this review by the specified deadline.
For further insights into BLUA stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.
