Arogo Capital Acquisition receives Nasdaq delisting notice

Arogo Capital Acquisition Corp. announced that it received a notice from the Nasdaq Stock Market on August 12, notifying the company that, based on the market value of publicly held shares for the previous 30 consecutive business days, the company is not in compliance with Nasdaq Listing Rule 5450(b)(2)(C), which requires the company’s listed securities to maintain a minimum market value of publicly held shares of $15M. The notice has no immediate effect on the listing of the company’s securities on Nasdaq. The company intends to monitor the market value of the company’s listed securities and may, if appropriate, consider available options to regain compliance with the MVPHS Rule.