Clean Energy - SWSSU STOCK NEWS

Clean Energy Special Situations Corp. announced on May 29, 2024, that it received a notification from Nasdaq regarding the suspension of its securities' trading. The company failed to file its Form 10-Q for Q1 2024 by March 31, 2024, adding to previous delinquencies, including non-payment of fees and failure to file its Annual Report for 2023. The company has a hearing scheduled on June 11, 2024, to appeal Nasdaq's decision. However, there are no assurances that the appeal will be successful or that the company will meet compliance within any extension period if granted.

Clean Energy Special Situations Corp. received a notice from Nasdaq regarding the suspension of trading of securities due to non-compliance with listing standards and failure to file the 2023 Form 10-K. The Company plans to appeal the decision before a Nasdaq Hearings Panel to prevent delisting.

Clean Energy Special Situations Corp. received a notice from Nasdaq regarding non-compliance with listing standards due to delayed filing of financial reports. The Company has requested an appeal to prevent suspension of trading.

Clean Energy Special Situations Corp. (CESSC) received a notification from Nasdaq regarding non-compliance with listing standards due to untimely filing of Quarterly Reports for Q2 and Q3 2023. The company has until February 12, 2024, to file the Q2 report and regain compliance. The Letter has no immediate effect on the listing of CESSC's securities on Nasdaq, but there's no assurance of regaining compliance.

Clean Energy Special Situations Corp. (Nasdaq: SWSS) received a notice from Nasdaq stating non-compliance with listing standards due to delayed filing of Quarterly Report on Form 10-Q for Q2 2023. The company has 60 days to submit a plan and can regain compliance by filing the report before October 23, 2023. If accepted, an exception of up to 180 days can be granted to regain compliance.

Springwater Special Situations Corp. (NASDAQ: SWSSU) announced that starting on September 23, 2021, holders of its units from the IPO can separately trade shares of common stock and warrants. The common stock and warrants will trade under the symbols SWSS and SWSSW, respectively. Units not separated will continue trading as SWSSU. The company is a Delaware blank check entity aiming for business combinations across various industries. EarlyBirdCapital was the sole book-running manager for the IPO, which occurred in August 2021.

Springwater Special Situations Corp. closed the sale of 2,118,624 additional units at $10.00 each, generating gross proceeds of $21,186,240 through an over-allotment option linked to its initial public offering. With this closing, the total proceeds from the IPO amount to $171,186,240. Each unit comprises one share of common stock and half a redeemable warrant. The units are trading on Nasdaq under the ticker symbol SWSSU, while common stock and warrants are expected to list as SWSS and SWSSW. The company is pursuing mergers and acquisitions across diverse industries.

Springwater Special Situations Corp. has successfully closed its initial public offering (IPO) of 15,000,000 units at $10.00 each, totaling $150 million. The units began trading on Nasdaq under the ticker symbol SWSSU on August 26, 2021. Each unit comprises one share of common stock and one-half of a redeemable warrant, with whole warrants exercisable at $11.50 per share. The company is a blank check entity aiming to pursue mergers or acquisitions across various industries and regions. Underwriters have a 45-day option to purchase an additional 2,250,000 units to cover over-allotments.