Mountain & Company I Acquisition Corporation Class A (MCAA) has provided an update.
Mountain & Co. I Acquisition Corp. is facing compliance issues with Nasdaq after failing to file its quarterly report on time. The company must now submit a plan within 60 days to regain its compliance status or potentially face delisting. Despite this setback, the company’s securities remain listed on the Nasdaq Capital Market, and they are working to resolve the issue promptly. They have also alerted shareholders and the public about the situation through a recent press release.
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