EDOC Acquisition Corp. Regains NASDAQ Compliance Following Filing of Delayed Annual Report and Quarterly Report
29 5월 2021 - 6:00AM
EDOC Acquisition Corp. (NASDAQ: ADOCU) (the “Company”) announced
today that it has filed with the Securities and Exchange Commission
(“SEC”) its Annual Report on Form 10-K for the period ended
December 31, 2020 (the “Form 10-K”), as well as its Quarterly
Report on Form 10-Q, and has now regained Nasdaq compliance.
As previously disclosed, the Company had received a notice
(“Notice”) from the Listing Qualifications Department of The Nasdaq
Stock Market (“Nasdaq”) stating that the Company was not in
compliance with Nasdaq Listing Rule 5250(c)(1) because the Company
had failed to timely file its Form 10-K due to the reasons
discussed below. However, since the May 25, 2021 filings of both
the Form 10-K and Form 10-Q, the Company has received notice from
Nasdaq that it has regained compliance with the Nasdaq Listing Rule
5250(c)(1), and Nasdaq considers the matter closed.
As previously disclosed in the Current Report on Form 8-K filed
on April 15, 2021 and the Form 12b-25 filed on May 18, 2021 by the
Company, on April 12, 2021, the staff (the “Staff”) of the Division
of Corporation Finance of the SEC issued a statement entitled
“Staff Statement on Accounting and Reporting Considerations for
Warrants Issued by Special Purpose Acquisition Companies” (the
“Staff Statement”). The Staff Statement, among other things,
highlighted the potential accounting implications of certain terms
that are common in warrants issued in connection with the initial
public offerings of special purpose acquisition companies such as
the Company. As a result of the Staff Statement, the Company
required additional time to evaluate its financial statements for
the period ended December 31, 2020 and the quarter ended March 31,
2021.
About EDOC Acquisition Corp.
EDOC Acquisition Corp. is a blank check company organized for
the purpose of effecting a merger, share exchange, asset
acquisition, share purchase, recapitalization, reorganization, or
other similar business combination with one or more businesses or
entities. It intends to focus on businesses primarily operating in
the healthcare sector in North America and Asia-Pacific.
Forward-Looking Statements
This press release may include, and oral statements made from
time to time by representatives of the Company may include,
“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. Statements regarding
possible business combinations and the financing thereof, and
related matters,as well as all other statements other than
statements of historical fact included in this press release are
forward-looking statements. When used in this press release, words
such as “anticipate,” “believe,” “continue,” “could,” “estimate,”
“expect,” “intend,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “should,” “would” and similar
expressions, as they relate to us or our management team, identify
forward-looking statements. Such forward-looking statements are
based on the beliefs of management, as well as assumptions made by,
and information currently available to, the Company’s management.
Actual results could differ materially from those contemplated by
the forward-looking statements as a result of certain factors
detailed in the Company’s filings with the Securities and Exchange
Commission (“SEC”). All subsequent written or oral forward-looking
statements attributable to us or persons acting on our behalf are
qualified in their entirety by this paragraph. Forward-looking
statements are subject to numerous conditions, many of which are
beyond the control of theCompany, including those set forth in the
Risk Factors section of the Company’s registration statement and
prospectus for the Company’s initial public offering filed with the
SEC. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
Contact:
EDOC Acquisition Corp.7612 Main Street FishersSuite
200Victor, NY 14564Attention: Kevin Chen
Edoc Acquisition (NASDAQ:ADOCU)
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Edoc Acquisition (NASDAQ:ADOCU)
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