Delisting of Securities of CONX Corp.; Priveterra Acquisition Corp. II; Yield10 Bioscience, Inc.; Aesthetic Medical International Holdings Group Ltd.; Breeze Holdings Acquisition Corp.; Quadro Acquisition One Corp.; DermTech, Inc.; TRACON Pharmaceuticals, Inc.; eFFECTOR Therapeutics, Inc.; Dynatronics Corporation; and Canna-Global Acquisition Corp. from The Nasdaq Stock Market

Rhea-AI Summary

The Nasdaq Stock Market (NDAQ) has announced the delisting of securities from multiple companies. These include CONX Corp., Priveterra Acquisition Corp. II, Yield10 Bioscience, Aesthetic Medical International Holdings Group, Breeze Holdings Acquisition Corp., Quadro Acquisition One Corp., DermTech, TRACON Pharmaceuticals, eFFECTOR Therapeutics, Dynatronics , and Canna-Global Acquisition Corp. The delistings affect various securities such as common stocks, units, warrants, American Depositary Shares, rights, and ordinary shares.

All affected securities were suspended from trading on Nasdaq between May 6 and July 9, 2024, and have not traded since their respective suspension dates. This action is part of Nasdaq's ongoing efforts to maintain market integrity and enforce listing standards.

Positive

• None.

Negative

• Multiple companies delisted from Nasdaq, potentially reducing trading volume and market capitalization
• Delisting may negatively impact investor confidence in affected companies
• Suspension of trading since May-July 2024 indicates prolonged non-compliance with listing requirements

NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market announced today that it will delist the common stock, units, and warrants of CONX Corp. CONX Corp.’s securities were suspended on May 6, 2024, and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock, units, and warrants of Priveterra Acquisition Corp. II. Priveterra Acquisition Corp. II’s securities were suspended on May 10, 2024, and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock of Yield10 Bioscience, Inc. Yield10 Bioscience, Inc.’s securities were suspended on May 16, 2024, and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the American Depositary Shares of Aesthetic Medical International Holdings Group Ltd. Aesthetic Medical International Holdings Group Ltd.’s securities were suspended on May 21, 2024, and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock, rights, and warrants of Breeze Holdings Acquisition Corp. Breeze Holdings Acquisition Corp.’s securities were suspended on May 29, 2024, and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the ordinary shares, units, and warrants of Quadro Acquisition One Corp. Quadro Acquisition One Corp.’s securities were suspended on May 29, 2024, and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock of DermTech, Inc. DermTech, Inc.’s securities were suspended on June 27, 2024, and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock of TRACON Pharmaceuticals, Inc. TRACON Pharmaceuticals, Inc.’s securities were suspended on June 28, 2024, and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common and warrants of eFFECTOR Therapeutics, Inc. eFFECTOR Therapeutics, Inc.’s securities were suspended on July 3, 2024, and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock of Dynatronics Corporation. Dynatronics Corporation’s securities were suspended on July 9, 2024, and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the Class A common stock, warrants, and units of Canna-Global Acquisition Corp. Canna-Global Acquisition Corp.’s securities were suspended on July 9, 2024, and have not traded on Nasdaq since that time.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com. Nasdaq’s rules governing the delisting of securities can be found in the Nasdaq Rule 5800 Series, available on the Nasdaq Web site: https://listingcenter.nasdaq.com/rulebook/nasdaq/rules/nasdaq-5800-series.

FAQ

How many companies are being delisted from Nasdaq (NDAQ) according to the July 16, 2024 announcement?

According to the announcement, 11 companies are being delisted from the Nasdaq Stock Market.

What types of securities are affected by the Nasdaq (NDAQ) delisting announcement on July 16, 2024?

The delisting affects various securities including common stocks, units, warrants, American Depositary Shares, rights, and ordinary shares of the affected companies.

When were the securities of the delisted companies suspended from trading on Nasdaq (NDAQ)?

The securities were suspended from trading on Nasdaq between May 6, 2024, and July 9, 2024, depending on the specific company.

Where can investors find Nasdaq's (NDAQ) rules governing the delisting of securities?

Nasdaq's rules governing the delisting of securities can be found in the Nasdaq Rule 5800 Series, available on the Nasdaq website at https://listingcenter.nasdaq.com/rulebook/nasdaq/rules/nasdaq-5800-series.