Global Partner Acquisition II (GPAC) has released an update to notify the public and investors about listing compliance status.
Global Partner Acquisition Corp II (GPAC II) was notified by Nasdaq on January 17, 2024, of potential delisting due to non-compliance with a rule requiring completion of a business combination within 36 months of its IPO. The company filed a timely appeal on January 23, 2024, to stay the suspension while seeking additional time to fulfill the requirement. A Nasdaq Hearings Panel hearing is set for April 2, 2024, to consider the matter.
For further insights into GPAC stock, check out TipRanks’ Stock Analysis page.
