Broadscale Acquisition Corp. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on...
29 5월 2021 - 5:30AM
Broadscale Acquisition Corp. (NASDAQ: SCLE) (the “Company”), a
blank-check company formed for the purpose of effecting a merger,
share exchange, asset acquisition, share purchase, reorganization
or similar business combination with one or more businesses or
entities, today announced that on May 28, 2021 it received a notice
from Nasdaq Regulation indicating that, as a result of not having
timely filed its Quarterly Report on Form 10-Q for the period ended
March 31, 2021 (the “Form 10-Q”), the Company is not in compliance
with Nasdaq Listing Rule 5250(c)(1), which requires timely filing
of all required periodic financial reports with the Securities and
Exchange Commission (the “SEC”).
The Nasdaq notice has no immediate effect on the listing or
trading of the Company’s units, Class A common stock or warrants on
the Nasdaq Capital Market. The Notice provides that the Company
must submit a plan to regain compliance with Nasdaq Listing Rule
5250(c)(1) by July 26, 2021. If the plan is accepted by Nasdaq,
then Nasdaq can grant the Company up to 180 calendar days from the
due date of the Form 10-Q, or November 22, 2021, to regain
compliance.
As the Company reported in its Form 12b-25 filed with the SEC on
May 18, 2021, the Company is working diligently to complete
the Form 10-Q as soon as possible; however, given the scope of the
process for evaluating the impact on the Company’s financial
statements of the Staff Statement on Accounting and Reporting
Considerations for Warrants Issued by Special Purpose Acquisition
Companies (“SPACs”) issued by the staff of the SEC on April 12,
2021, the Company is not in a position to file the Form 10-Q until
after the completion of this process.
This press release contains statements that constitute
“forward-looking statements.” Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company's registration statement and
prospectus for its 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 press release, except
as required by law.
Contacts
Andrew Shapiro Chairman and Chief Executive Officer
ashapiro@broadscalespac.com (646) 849-9977
John Hanna Chief Financial Officer and Head of Acquisitions
jhanna@broadscalespac.com (917) 941-4273
Broadscale Acquisition (NASDAQ:SCLEW)
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Broadscale Acquisition (NASDAQ:SCLEW)
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부터 7월(7) 2023 으로 7월(7) 2024
Broadscale Acquisition Corporation (나스닥)의 실시간 뉴스: 최근 기사 0
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