FOUR LEAF ACQUISITION CORPORATION ANNOUNCES RECEIPT OF NASDAQ DELISTING DETERMINATIONS
Four Leaf Acquisition (FORL) faces potential delisting from the Nasdaq Stock Market following two critical notices. The first notice, received on April 17, 2025, cites the company's failure to file its Annual Report on Form 10-K for the year ended December 31, 2024. The second notice, dated April 21, 2025, addresses the company's non-payment of required fees under Listing Rule 5250(f).
Unless FORL appeals these determinations, its securities will be delisted from The Nasdaq Capital Market, trading of Common Stock will be suspended, and a Form 25-NSE will be filed with the SEC. The company has stated its intention to appeal these determinations under the Nasdaq Listing Rule 5800 Series to maintain its listing pending the Panel's decision.
Four Leaf Acquisition (FORL) rischia la rimozione dal Nasdaq Stock Market a seguito di due avvisi critici. Il primo avviso, ricevuto il 17 aprile 2025, segnala il mancato deposito del Rapporto Annuale sul Modulo 10-K relativo all'anno conclusosi il 31 dicembre 2024. Il secondo avviso, datato 21 aprile 2025, riguarda il mancato pagamento delle commissioni richieste secondo la Regola di Quotazione 5250(f).
Se FORL non presenterà ricorso contro queste decisioni, i suoi titoli saranno rimossi dal Nasdaq Capital Market, la negoziazione delle azioni ordinarie sarà sospesa e verrà depositato un Modulo 25-NSE presso la SEC. L'azienda ha dichiarato l'intenzione di appellarsi a tali decisioni secondo la Serie di Regole di Quotazione Nasdaq 5800 per mantenere la quotazione in attesa della decisione del Panel.
Four Leaf Acquisition (FORL) enfrenta una posible exclusión del Nasdaq Stock Market tras recibir dos avisos críticos. El primer aviso, recibido el 17 de abril de 2025, señala que la empresa no presentó su Informe Anual en el Formulario 10-K correspondiente al año terminado el 31 de diciembre de 2024. El segundo aviso, fechado el 21 de abril de 2025, se refiere al impago de las tarifas requeridas bajo la Regla de Cotización 5250(f).
A menos que FORL apele estas determinaciones, sus valores serán excluidos del Nasdaq Capital Market, se suspenderá la negociación de las acciones ordinarias y se presentará un Formulario 25-NSE ante la SEC. La empresa ha manifestado su intención de apelar estas decisiones bajo la Serie de Reglas de Cotización Nasdaq 5800 para mantener su listado mientras se resuelve el Panel.
Four Leaf Acquisition (FORL)는 두 건의 중대한 통지서로 인해 나스닥 증권거래소에서 상장폐지될 위험에 직면해 있습니다. 첫 번째 통지는 2025년 4월 17일에 수령했으며, 2024년 12월 31일 종료된 연도에 대한 연례 보고서(Form 10-K)를 제출하지 않은 점을 지적합니다. 두 번째 통지는 2025년 4월 21일자로, 상장규칙 5250(f)에 따른 필수 수수료 미납을 다루고 있습니다.
FORL이 이 결정들에 대해 항소하지 않는 한, 증권은 나스닥 캐피털 마켓에서 상장폐지되고, 보통주 거래가 중단되며, SEC에 Form 25-NSE가 제출될 예정입니다. 회사는 나스닥 상장규칙 5800 시리즈에 따라 이 결정에 항소하여 패널의 결정이 나올 때까지 상장을 유지할 의사를 밝혔습니다.
Four Leaf Acquisition (FORL) risque d'être radiée du Nasdaq Stock Market suite à deux avis critiques. Le premier avis, reçu le 17 avril 2025, indique que la société n'a pas déposé son Rapport Annuel sur le Formulaire 10-K pour l'exercice clos le 31 décembre 2024. Le second avis, daté du 21 avril 2025, concerne le non-paiement des frais requis selon la Règle de Cotation 5250(f).
Sauf si FORL fait appel de ces décisions, ses titres seront radiés du Nasdaq Capital Market, la négociation des actions ordinaires sera suspendue, et un Formulaire 25-NSE sera déposé auprès de la SEC. La société a déclaré son intention de faire appel de ces décisions conformément à la série de règles de cotation Nasdaq 5800 afin de maintenir sa cotation en attendant la décision du Panel.
Four Leaf Acquisition (FORL) sieht sich nach zwei kritischen Benachrichtigungen mit einer möglichen Delistung vom Nasdaq Stock Market konfrontiert. Die erste Benachrichtigung, erhalten am 17. April 2025, verweist auf das Versäumnis des Unternehmens, den Jahresbericht auf Formular 10-K für das zum 31. Dezember 2024 endende Jahr einzureichen. Die zweite Benachrichtigung, datiert auf den 21. April 2025, betrifft die Nichtzahlung der erforderlichen Gebühren gemäß Listing-Regel 5250(f).
Sofern FORL gegen diese Entscheidungen keinen Einspruch einlegt, werden die Wertpapiere vom Nasdaq Capital Market delistet, der Handel mit Stammaktien ausgesetzt und ein Formular 25-NSE bei der SEC eingereicht. Das Unternehmen hat seine Absicht bekundet, gegen diese Entscheidungen gemäß der Nasdaq Listing Rule 5800 Serie Berufung einzulegen, um die Notierung bis zur Entscheidung des Panels aufrechtzuerhalten.
- Company intends to appeal delisting determinations
- Failure to file 2024 Annual Report (Form 10-K)
- Non-payment of required Nasdaq listing fees
- Imminent risk of Nasdaq delisting
- Potential suspension of stock trading
On April 21, 2025, the Company received another notice from Nasdaq, which notified the Company that its failure to pay certain fees required by Listing Rule 5250(f) serves an additional basis for delisting the Company's securities from Nasdaq unless the Company appeals this determination.
The Company fully intends to timely appeal such determinations pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series to stay the suspension of the Company's securities and the filing of the Form 25-NSE pending the Panel's decision.
About Four Leaf Acquisition Corporation
Four Leaf Acquisition Corporation is a blank check company incorporated in
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, are forward-looking statements. When used in this press release, the words "aims", "could," "should," "will," "may," "believe," "anticipate," "intend," "estimate," "expect," "project," the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Four Leaf Acquisition Corporation (the "Company" or "we") disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company, including risks and uncertainties described in the "Risk Factors" section of our Registration Statement on Form S-1 filed with the SEC on March 16, 2023, as amended, and other documents that we file from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. The Company can give no assurances that the Company will achieve its expectations.
Company Contact:
Bala Madmakumar
Interim Chief Executive Officer
Four Leaf Acquisition Corporation
Email: bala@fourleaf.investments
View original content:https://www.prnewswire.com/news-releases/four-leaf-acquisition-corporation-announces-receipt-of-nasdaq-delisting-determinations-302436682.html
SOURCE Four Leaf Acquisition Corporation
FAQ
Why is Four Leaf Acquisition (FORL) facing Nasdaq delisting in April 2025?
What happens if FORL gets delisted from Nasdaq?
Can Four Leaf Acquisition prevent the Nasdaq delisting?
When did FORL receive the Nasdaq delisting notices?
