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Merida Merger Corp. I (MCMJ) has announced a special meeting for stockholders on January 14, 2022, to vote on its proposed business combination with Leafly Holdings Inc.. The SEC has declared effective the registration statement related to this merger. Stockholders of record as of December 21, 2021 are entitled to vote and are encouraged to do so before 11:59 p.m. ET January 13, 2022. If approved, the merger will conclude soon after and Merida will adopt the Leafly name, trading under the ticker LFLY.
Merida Merger Corp. I (NASDAQ: MCMJ) announced it received a notice from Nasdaq regarding its failure to file the Quarterly Report on Form 10-Q for the quarter ending March 31, 2021, thus breaching Nasdaq Listing Rule 5250(c)(1). The company has until July 27, 2021, to file the report or submit a compliance plan. Although this notification does not immediately affect its listing, there's no certainty of regaining compliance. The company is currently working to complete the Form 10-Q to avoid further complications.