TBSA - TBSA STOCK NEWS

TB SA Acquisition Corp (Nasdaq: TBSA) announced that shareholders can access its PFIC annual information statement for the fiscal year ended December 31, 2021. The report covers the taxable year beginning January 27, 2021, and concludes on December 31, 2021. Shareholders can view the statement and an accompanying investor letter through links provided in the announcement.

TB SA Acquisition Corp (NASDAQ: TBSA) received a deficiency letter from Nasdaq due to its failure to file the Quarterly Report on Form 10-Q for the period ended March 31, 2022. The company had submitted a Notification of Late Filing on May 16, 2022, but could not meet the extended deadline of May 21, 2022. TBSA plans to submit a Compliance Plan to Nasdaq within the 60-day window provided. Nonetheless, the company remains compliant with all other Nasdaq listing standards and expects to file the Form 10-Q soon, with no immediate effects on its securities listing or trading.

TB SA Acquisition Corp (Nasdaq: TBSA) received a deficiency letter from Nasdaq on April 19, 2022 for failing to file its Annual Report on Form 10-K for the year ended December 31, 2021. The Company previously filed a Notification of Late Filing on April 1, 2022. Delays stem from needed information for completing audited financial statements, including addressing material weaknesses in internal control over financial reporting. TBSA plans to submit a Compliance Plan to Nasdaq within 60 days and aims to file the Form 10-K soon, ensuring continued compliance.