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Atlantic Coastal - ACAH STOCK NEWS

Welcome to our dedicated page for Atlantic Coastal news (Ticker: ACAH), a resource for investors and traders seeking the latest updates and insights on Atlantic Coastal stock.

Atlantic Coastal Acquisition Corp. (NASDAQ: ACAH) is a special purpose acquisition company targeting innovative businesses with ESG-aligned solutions for global supply chain challenges. This dedicated news hub provides investors and industry observers with essential updates on merger developments, regulatory compliance, and strategic partnerships in advanced manufacturing technologies.

Our curated collection features official announcements regarding business combinations, financial filings, and operational milestones. Key focus areas include sustainable production methods, additive manufacturing advancements, and partnerships with industry leaders like Essentium - whose High-Speed Extrusion 3D printing technology addresses critical manufacturing waste reduction.

Bookmark this page to stay informed about ACAH's progress in identifying merger targets, Nasdaq compliance updates, and emerging opportunities in industrial innovation. All content is sourced from verified corporate communications to ensure accuracy for both professional analysts and individual investors.

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Atlantic Coastal Acquisition Corp. (ACAH) faces delisting from Nasdaq due to non-compliance with filing requirements, leading to suspension of common stock trading. The company failed to submit Form 10-Q reports for June 30, 2023, and September 30, 2023, resulting in a Staff Delisting Determination. ACAH did not meet the deadline for regaining compliance, and its failure to hold an annual shareholder meeting further violates Nasdaq's Listing Rules, prompting delisting.
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Atlantic Coastal Acquisition Corp. (NASDAQ: ACAH) has filed a Definitive Proxy Statement to extend the time for a business combination. The statement includes information on the company's eligibility to be listed on Nasdaq, corrections of figures from the Preliminary Proxy Statement, details on the liquidation of securities in the Trust Account, and a modified deadline for stockholders to redeem their Class A common stock.
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Atlantic Coastal Acquisition Corp. extends deadline for business combination, subject to shareholder approval on September 8, 2023.
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Atlantic Coastal Acquisition Corp. (NASDAQ: ACAH) will redeem all outstanding shares of Class A common stock due to failure to complete an initial business combination. The per-share redemption price is expected to be approximately $10.40. The Company's securities will cease trading on Nasdaq on August 18, 2023. No redemption rights or liquidating distributions will be given for warrants. The Company expects delisting and termination of securities registration.
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Atlantic Coastal Acquisition Corp. (NASDAQ: ACAH) has extended the period to complete a business combination by one month, from July 8 to August 8, 2023. The Company received an $80,000 deposit from its sponsor, Atlantic Coastal Acquisition Management LLC, into the Trust Account. In return, the Company issued a convertible promissory note to the Sponsor.
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Atlantic Coastal Acquisition Corp. (NASDAQ: ACAH) has received an $80,000 deposit from its sponsor, Atlantic Coastal Acquisition Management LLC, to extend the period for completing a business combination by one month. In return, the company issued a convertible promissory note to the sponsor for the same amount.
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Atlantic Coastal Acquisition Corp. (NASDAQ: ACAH) announced on April 21, 2022, that it received a notification from Nasdaq regarding non-compliance with listing requirements due to the late filing of its Annual Report on Form 10-K for the year ended December 31, 2021. The Notification, dated April 19, 2022, provides ACAH with 60 days to submit a compliance plan unless the 10-K is filed by June 20, 2022. ACAH filed the 10-K on April 20, 2022, which alleviates the immediate compliance issue.

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Atlantic Coastal Acquisition Corp. (NASDAQ: ACAH) has mutually agreed to terminate its business combination agreement with Essentium, Inc., a leader in industrial additive manufacturing. The focus now shifts to finding a new business combination. Atlantic Coastal retains rights to future payments from Essentium, including a warrant to acquire a 5% stake at a valuation of $500 million if certain conditions are met. CEO Shahraab Ahmad emphasizes the goal to maximize shareholder value through future opportunities within the mobility sector.

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Essentium, Inc. announced its planned business combination with Atlantic Coastal Acquisition Corporation (NASDAQ: ACAH) during CES 2022. Dr. Elisa Teipel, Chief Development Officer, highlighted the limitless potential of industrial additive manufacturing in consumer electronics, emphasizing reduced lead times and decreased production costs. Essentium's High Speed Extrusion (HSE™) 3D Printing Platform aims to revolutionize manufacturing by enabling faster production and single-part assemblies. The company is AS9100D certified and ITAR registered, further emphasizing its reliability and commitment to advanced manufacturing.

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Atlantic Coastal

Nasdaq:ACAH

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127.05M
3.15M
78.87%
28.69%
0.01%
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