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Stock impact report

Gores Holdings IX Announces Receipt of Nasdaq Listing Delinquency Notification Letter

Gores Holdings IX, Inc. (GHIX) 
Company Research Source: Business Wire
BOULDER, Colo.--(BUSINESS WIRE)--Gores Holdings IX, Inc. (Nasdaq: GHIX) (the “Company”) today announced that it received a delinquency notification letter (the “Notice”) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) on September 9, 2024 due to the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of the Company’s failure to file its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2024 (the “Q2 2024 Form 10-Q”). The Listing Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”). The Notice has no immediate effect on the listing of the Company’s securities on Nasdaq. However, if the Company fails to timely regain compliance with the rule, the Company’s securities will be subject to delisting from Nasdaq.The Notice provides that the Company has 60 calendar days to submit a plan to Nasdaq to Show less Read more
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