This company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsAtlantic Coastal Acquisition II(ACAB)株式概要Atlantic Coastal Acquisition Corp.IIは重要な事業を行っていない。 詳細ACAB ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性0/6配当金0/6リスク分析負債は営業キャッシュフローで十分にカバーされていない マイナスの株主資本 収益が 100 万ドル未満 ( $0 )US市場と比較して、過去 3 か月間の株価の変動が非常に大きい+1 さらなるリスクすべてのリスクチェックを見るACAB Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW479,957 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA479,957 investors already sharing narrativesYour Fair ValueUS$Current PriceUS$5.77該当なし内在価値ディスカウントEst. Revenue$PastFuture-1m5m2016201920222025202620282031Revenue US$1.0Earnings US$0.3AdvancedSet Fair ValueView all narrativesAtlantic Coastal Acquisition Corp. II 競合他社Oak Woods AcquisitionSymbol: NasdaqCM:OAKUMarket cap: US$37.6mHennessy AdvisorsSymbol: NasdaqGM:HNNAMarket cap: US$77.6mAlphaTime AcquisitionSymbol: NasdaqCM:ATMCMarket cap: US$39.8mFlag Ship AcquisitionSymbol: NasdaqGM:FSHPMarket cap: US$56.2m価格と性能株価の高値、安値、推移の概要Atlantic Coastal Acquisition II過去の株価現在の株価US$5.7752週高値US$13.0052週安値US$5.75ベータ0.0141ヶ月の変化-48.02%3ヶ月変化-47.50%1年変化-45.57%3年間の変化n/a5年間の変化n/aIPOからの変化n/a最新ニュースお知らせ • Nov 14Atlantic Coastal Acquisition Corp. II(NasdaqGM:ACAB) dropped from NASDAQ Composite IndexAtlantic Coastal Acquisition Corp. II has been removed from NASDAQ Composite Index (^COMP) .お知らせ • Oct 22Atlantic Coastal Acquisition Corp. II Provides Non-Compliance UpdateAs previously disclosed, on April 18, 2024, Atlantic Coastal Acquisition Corp. II received notice from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company has failed to maintain a minimum market value of publicly held shares of $15,000,000 for the 30 consecutive trading day such date, as required under Nasdaq Listing Rule 5450(b)(2)(C) (the “Market Value of Publicly Held Shares Requirement”). Additionally, on July 31, 2024, the company received an notice from Nasdaq informing the company that the company have failed to comply with Nasdaq Listing Rule 5450(a)(2), which requires a minimum of 400 unrestricted round lot holders (with at least 50% of such holders holding unrestricted securities) of listed securities (the “Total Holders Requirement” and, together with the Market Value of Publicly Held Shares Requirements, the “Nasdaq Deficiencies”). As previously disclosed, the Company was granted a compliance period to cure the Nasdaq Deficiencies no later than October 15, 2024. The Company expected, and still expects, the Nasdaq Deficiencies to be cured as a result of its previously announced proposed business combination (the “Business Combination”) with Abpro Corporation (“Abpro”). On October 16, 2024, the company received a delisting determination letter (“Delisting Determination Letter”) from Nasdaq notifying that the company failed to regain compliance with the Nasdaq Deficiencies by the expiration of the October 15, 2024 compliance period referenced above. Additionally, the Delisting Determination Letter also noted that, as of September 10, 2024, the company failed to meet the minimum requirement of 750,000 publicly held shares of listed common stock under Nasdaq Listing Rule 5450(b)(1)(B). The Delisting Determination Letter states that unless the company request a hearing before a Nasdaq Hearing Panel (“Panel”) by October 23, 2024, trading of common stock and warrants would be suspended. The company intend to request a hearing before the Panel prior to October 23, 2024, and such request for a hearing will automatically stay any suspension/delisting action by Nasdaq at least until the hearing process concludes and any extension granted by the Panel expires. The company expects that it will regain compliance with each of the foregoing Nasdaq listing rules upon the closing of the Business Combination.お知らせ • Aug 15Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filingOn 08/14/2024, Atlantic Coastal Acquisition Corp. II announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Aug 07Atlantic Coastal Acquisition Corp. II Receives Non-Compliance Notice from the Nasdaq Stock Market LLCOn July 31, 2024, Atlantic Coastal Acquisition Corp. II (the Company") received notice (the Notice") from the Nasdaq Stock Market LLC (Nasdaq") indicating that the Company was not in compliance with Nasdaq's Listing Rule 5450(a) because the Company has failed to maintain a minimum of 400 holders of record and/or beneficial owners for its primary equity securities listed on The Nasdaq Global Market, as required under the Nasdaq continued listing standards for The Nasdaq Global Market. Under Nasdaq Listing Rules, the Company has 45 calendar days to submit a plan to regain compliance with Listing Rule 5450(a) and may be granted up to 180 calendar days from the date of the Notice to regain compliance therewith. The Company plans to submit its plan of compliance to Nasdaq within the required timeframe.お知らせ • Jun 08Atlantic Coastal Acquisition Corp. II Receives Notice from the Nasdaq Stock Market LLC Due to Non-Compliance with Nasdaq’s Continued Listing Standards as Set Forth in Listing Rule 5250(c)(1)Atlantic Coastal Acquisition Corp. II (the ‘Company’) previously filed a Form 12b-25 (the ‘Form 12b-25’) with the Securities and Exchange Commission on May 15, 2024 to extend the due date for the filing of its quarterly report on Form 10-Q for the quarter ended March 31, 2024 (the ‘Report’). The Form 12b-25 disclosed that the Report was unable to be filed on time because the Company required additional time to finalize its financial statements. Subsequently, on June 3, 2024, the Company received notice (the ‘Notice’) from the Nasdaq Stock Market LLC (‘Nasdaq’) that the Company was not in compliance with Nasdaq’s continued listing standards (the ‘Listing Rules’) as set forth in Listing Rule 5250(c)(1) given the Company’s failure to timely file the Report. Such further delay in filing the Report past the deadline set forth in the Form 12b-25 is in connection with additional time required to finalize the Company’s financial statements. Consistent with the Listing Rules, the Company has 60 calendar days from the date of the Notice to provide Nasdaq with a specific plan to achieve and sustain compliance with the Listing Rules. The Company is working diligently to finalize its financial statements to be included in the Report and expects to file the Report in the coming weeks.お知らせ • May 17Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filingOn 05/15/2024, Atlantic Coastal Acquisition Corp. II announced that they will be unable to file their next 10-Q by the deadline required by the SEC.最新情報をもっと見るRecent updatesお知らせ • Nov 14Atlantic Coastal Acquisition Corp. II(NasdaqGM:ACAB) dropped from NASDAQ Composite IndexAtlantic Coastal Acquisition Corp. II has been removed from NASDAQ Composite Index (^COMP) .お知らせ • Oct 22Atlantic Coastal Acquisition Corp. II Provides Non-Compliance UpdateAs previously disclosed, on April 18, 2024, Atlantic Coastal Acquisition Corp. II received notice from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company has failed to maintain a minimum market value of publicly held shares of $15,000,000 for the 30 consecutive trading day such date, as required under Nasdaq Listing Rule 5450(b)(2)(C) (the “Market Value of Publicly Held Shares Requirement”). Additionally, on July 31, 2024, the company received an notice from Nasdaq informing the company that the company have failed to comply with Nasdaq Listing Rule 5450(a)(2), which requires a minimum of 400 unrestricted round lot holders (with at least 50% of such holders holding unrestricted securities) of listed securities (the “Total Holders Requirement” and, together with the Market Value of Publicly Held Shares Requirements, the “Nasdaq Deficiencies”). As previously disclosed, the Company was granted a compliance period to cure the Nasdaq Deficiencies no later than October 15, 2024. The Company expected, and still expects, the Nasdaq Deficiencies to be cured as a result of its previously announced proposed business combination (the “Business Combination”) with Abpro Corporation (“Abpro”). On October 16, 2024, the company received a delisting determination letter (“Delisting Determination Letter”) from Nasdaq notifying that the company failed to regain compliance with the Nasdaq Deficiencies by the expiration of the October 15, 2024 compliance period referenced above. Additionally, the Delisting Determination Letter also noted that, as of September 10, 2024, the company failed to meet the minimum requirement of 750,000 publicly held shares of listed common stock under Nasdaq Listing Rule 5450(b)(1)(B). The Delisting Determination Letter states that unless the company request a hearing before a Nasdaq Hearing Panel (“Panel”) by October 23, 2024, trading of common stock and warrants would be suspended. The company intend to request a hearing before the Panel prior to October 23, 2024, and such request for a hearing will automatically stay any suspension/delisting action by Nasdaq at least until the hearing process concludes and any extension granted by the Panel expires. The company expects that it will regain compliance with each of the foregoing Nasdaq listing rules upon the closing of the Business Combination.お知らせ • Aug 15Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filingOn 08/14/2024, Atlantic Coastal Acquisition Corp. II announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Aug 07Atlantic Coastal Acquisition Corp. II Receives Non-Compliance Notice from the Nasdaq Stock Market LLCOn July 31, 2024, Atlantic Coastal Acquisition Corp. II (the Company") received notice (the Notice") from the Nasdaq Stock Market LLC (Nasdaq") indicating that the Company was not in compliance with Nasdaq's Listing Rule 5450(a) because the Company has failed to maintain a minimum of 400 holders of record and/or beneficial owners for its primary equity securities listed on The Nasdaq Global Market, as required under the Nasdaq continued listing standards for The Nasdaq Global Market. Under Nasdaq Listing Rules, the Company has 45 calendar days to submit a plan to regain compliance with Listing Rule 5450(a) and may be granted up to 180 calendar days from the date of the Notice to regain compliance therewith. The Company plans to submit its plan of compliance to Nasdaq within the required timeframe.お知らせ • Jun 08Atlantic Coastal Acquisition Corp. II Receives Notice from the Nasdaq Stock Market LLC Due to Non-Compliance with Nasdaq’s Continued Listing Standards as Set Forth in Listing Rule 5250(c)(1)Atlantic Coastal Acquisition Corp. II (the ‘Company’) previously filed a Form 12b-25 (the ‘Form 12b-25’) with the Securities and Exchange Commission on May 15, 2024 to extend the due date for the filing of its quarterly report on Form 10-Q for the quarter ended March 31, 2024 (the ‘Report’). The Form 12b-25 disclosed that the Report was unable to be filed on time because the Company required additional time to finalize its financial statements. Subsequently, on June 3, 2024, the Company received notice (the ‘Notice’) from the Nasdaq Stock Market LLC (‘Nasdaq’) that the Company was not in compliance with Nasdaq’s continued listing standards (the ‘Listing Rules’) as set forth in Listing Rule 5250(c)(1) given the Company’s failure to timely file the Report. Such further delay in filing the Report past the deadline set forth in the Form 12b-25 is in connection with additional time required to finalize the Company’s financial statements. Consistent with the Listing Rules, the Company has 60 calendar days from the date of the Notice to provide Nasdaq with a specific plan to achieve and sustain compliance with the Listing Rules. The Company is working diligently to finalize its financial statements to be included in the Report and expects to file the Report in the coming weeks.お知らせ • May 17Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filingOn 05/15/2024, Atlantic Coastal Acquisition Corp. II announced that they will be unable to file their next 10-Q by the deadline required by the SEC.Board Change • May 07High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. CEO & Chairman of the Board Shahraab Ahmad is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Apr 28High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. CEO & Chairman of the Board Shahraab Ahmad is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Apr 25Atlantic Coastal Acquisition Corp. II Provides Non-Compliance UpdateOn April 18, 2024, Atlantic Coastal Acquisition Corp. II (the Company") received letters from the Nasdaq Stock Market LLC (Nasdaq") indicating that (i) the Company was not in compliance with Nasdaq's Listing Rule 5450(b)(1)(B) because the Company has not, as of the fiscal year ended December 31, 2023, maintained a minimum of 1,100,000 publicly held shares, as required under the Nasdaq continued listing standards for The Nasdaq Global Market and (ii) the Company has failed to maintain a minimum market value of publicly held shares of $15,000,000 for the 30 consecutive business day period preceding this letter, as required under Nasdaq Listing Rule 5450(b)(2)(C). Under Nasdaq Listing Rules, the Company has 45 calendar days to submit a plan to regain compliance with Rule 5450(b)(1)(B) and 180 calendar days to regain compliance with Rule 5450(b)(2)(C). The Company expects that both deficiencies will be cured as a result of the consummation of its previously announced proposed business combination with Abpro Corporation (the Business Combination") as described in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission (SEC") on December 12, 2023. On April 23, 2024, the Company submitted its plan of compliance to Nasdaq, where it requested an extension of the compliance period to regain compliance with Rule 5450(b)(1)(B) from 45 calendar days to 180 calendar days.Board Change • Mar 09High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. CEO & Chairman of the Board Shahraab Ahmad is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Feb 14High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. CEO & Chairman of the Board Shahraab Ahmad is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Nov 15Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filingOn 11/14/2023, Atlantic Coastal Acquisition Corp. II announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Sep 23Abpro Corporation entered into a term sheet to acquire Atlantic Coastal Acquisition Corp. II (NasdaqGM:ACAB) from shareholders in a reverse merger transaction.Abpro Corporation entered into a term sheet to acquire Atlantic Coastal Acquisition Corp. II (NasdaqGM:ACAB) from shareholders in a reverse merger transaction on September 18, 2023. At the closing of the Acquisition (the “Closing”), the equityholders of Abpro would own 72,500,000 shares in the combined company (the “Transaction Shares”). In addition to the Transaction Shares, 14,500,000 shares of common stock of the surviving entity will be deposited in an escrow account at closing and be periodically released subject to the conditions of an earnout agreement (the “Earnout Agreement”). If, on the fifth anniversary of the Closing, the conditions set forth in the Earnout Agreement for the release of such shares have not been met, such shares will be forfeited and returned to the treasury of the combined company. Under the Term Sheet, Abpro has agreed to negotiate exclusively with the Company with respect to the Acquisition for a period of 30 days (the “Exclusivity Period”). The Exclusivity Period will be automatically extended for two additional 15 day periods in certain circumstances. Under the terms of the Term Sheet, there is no fee or penalty for either party in the event the Term Sheet is terminated or the Acquisition is not consummated. The final terms of the Acquisition are subject to the negotiation and finalization of the Definitive Agreement and any other agreements relating to the Acquisition, and the material terms of the Acquisition may differ from those set forth in the Term Sheet. In addition, the Closing will be subject to various customary, completion of due diligence and other closing conditions. The transaction is expected to close in Q2 of 2024 and would result in an implied equity valuation for Abpro of $725 million. Brookline Capital Markets, a Division of Arcadia Securities, LLC, acted as a financial advisor to Abpro Corporation.お知らせ • May 16Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filingOn 05/15/2023, Atlantic Coastal Acquisition Corp. II announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • May 17Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filingOn 05/16/2022, Atlantic Coastal Acquisition Corp. II announced that they will be unable to file their next 10-Q by the deadline required by the SEC.Seeking Alpha • Mar 23Atlantic Coastal Acquisition Corp. II Is 2nd SPAC Aimed At MobilityAtlantic Coastal Acquisition Corp. II raised $300 million in an IPO in January 2022. The SPAC seeks to merge with a firm in the next generation mobility space. Given the team’s lack of successful track record in SPACs and recent failed merger attempt in its first SPAC, my outlook on ACAB is a Hold in the near term.株主還元ACABUS Capital MarketsUS 市場7D-42.8%-0.4%1.0%1Y-45.6%2.4%19.1%株主還元を見る業界別リターン: ACAB過去 1 年間で2.4 % の収益を上げたUS Capital Markets業界を下回りました。リターン対市場: ACABは、過去 1 年間で19.1 % のリターンを上げたUS市場を下回りました。価格変動Is ACAB's price volatile compared to industry and market?ACAB volatilityACAB Average Weekly Movement16.3%Capital Markets Industry Average Movement3.6%Market Average Movement7.2%10% most volatile stocks in US Market16.3%10% least volatile stocks in US Market3.2%安定した株価: ACABの株価は、 US市場と比較して過去 3 か月間で変動しています。時間の経過による変動: ACABの 週次ボラティリティ は、過去 1 年間で11%から16%に増加しました。会社概要設立従業員CEO(最高経営責任者ウェブサイト2021n/aShahraab Ahmadatlantic-coastal.comAtlantic Coastal Acquisition Corp IIは重要な事業を行っていない。同社は、金融サービス業界およびモビリティ分野における1つまたは複数の事業との合併、資本交換、資産買収、株式購入、資本再編、組織再編、または類似の企業結合を実施することに重点を置いている。同社は2021年に設立され、ニューヨーク州ニューヨークに拠点を置く。Atlantic Coastal Acquisition Corp IIはAtlantic Coastal Acquisition Management II LLCの子会社である。もっと見るAtlantic Coastal Acquisition Corp. II 基礎のまとめAtlantic Coastal Acquisition II の収益と売上を時価総額と比較するとどうか。ACAB 基礎統計学時価総額US$47.13m収益(TTM)-US$1.44m売上高(TTM)n/a0.0xP/Sレシオ-32.7xPER(株価収益率ACAB は割高か?公正価値と評価分析を参照収益と収入最新の決算報告書(TTM)に基づく主な収益性統計ACAB 損益計算書(TTM)収益US$0売上原価US$0売上総利益US$0その他の費用US$1.44m収益-US$1.44m直近の収益報告Jun 30, 2024次回決算日該当なし一株当たり利益(EPS)-0.18グロス・マージン0.00%純利益率0.00%有利子負債/自己資本比率-13.7%ACAB の長期的なパフォーマンスは?過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2024/11/14 12:35終値2024/11/12 00:00収益2024/06/30年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Atlantic Coastal Acquisition Corp. II 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Nov 14Atlantic Coastal Acquisition Corp. II(NasdaqGM:ACAB) dropped from NASDAQ Composite IndexAtlantic Coastal Acquisition Corp. II has been removed from NASDAQ Composite Index (^COMP) .
お知らせ • Oct 22Atlantic Coastal Acquisition Corp. II Provides Non-Compliance UpdateAs previously disclosed, on April 18, 2024, Atlantic Coastal Acquisition Corp. II received notice from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company has failed to maintain a minimum market value of publicly held shares of $15,000,000 for the 30 consecutive trading day such date, as required under Nasdaq Listing Rule 5450(b)(2)(C) (the “Market Value of Publicly Held Shares Requirement”). Additionally, on July 31, 2024, the company received an notice from Nasdaq informing the company that the company have failed to comply with Nasdaq Listing Rule 5450(a)(2), which requires a minimum of 400 unrestricted round lot holders (with at least 50% of such holders holding unrestricted securities) of listed securities (the “Total Holders Requirement” and, together with the Market Value of Publicly Held Shares Requirements, the “Nasdaq Deficiencies”). As previously disclosed, the Company was granted a compliance period to cure the Nasdaq Deficiencies no later than October 15, 2024. The Company expected, and still expects, the Nasdaq Deficiencies to be cured as a result of its previously announced proposed business combination (the “Business Combination”) with Abpro Corporation (“Abpro”). On October 16, 2024, the company received a delisting determination letter (“Delisting Determination Letter”) from Nasdaq notifying that the company failed to regain compliance with the Nasdaq Deficiencies by the expiration of the October 15, 2024 compliance period referenced above. Additionally, the Delisting Determination Letter also noted that, as of September 10, 2024, the company failed to meet the minimum requirement of 750,000 publicly held shares of listed common stock under Nasdaq Listing Rule 5450(b)(1)(B). The Delisting Determination Letter states that unless the company request a hearing before a Nasdaq Hearing Panel (“Panel”) by October 23, 2024, trading of common stock and warrants would be suspended. The company intend to request a hearing before the Panel prior to October 23, 2024, and such request for a hearing will automatically stay any suspension/delisting action by Nasdaq at least until the hearing process concludes and any extension granted by the Panel expires. The company expects that it will regain compliance with each of the foregoing Nasdaq listing rules upon the closing of the Business Combination.
お知らせ • Aug 15Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filingOn 08/14/2024, Atlantic Coastal Acquisition Corp. II announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Aug 07Atlantic Coastal Acquisition Corp. II Receives Non-Compliance Notice from the Nasdaq Stock Market LLCOn July 31, 2024, Atlantic Coastal Acquisition Corp. II (the Company") received notice (the Notice") from the Nasdaq Stock Market LLC (Nasdaq") indicating that the Company was not in compliance with Nasdaq's Listing Rule 5450(a) because the Company has failed to maintain a minimum of 400 holders of record and/or beneficial owners for its primary equity securities listed on The Nasdaq Global Market, as required under the Nasdaq continued listing standards for The Nasdaq Global Market. Under Nasdaq Listing Rules, the Company has 45 calendar days to submit a plan to regain compliance with Listing Rule 5450(a) and may be granted up to 180 calendar days from the date of the Notice to regain compliance therewith. The Company plans to submit its plan of compliance to Nasdaq within the required timeframe.
お知らせ • Jun 08Atlantic Coastal Acquisition Corp. II Receives Notice from the Nasdaq Stock Market LLC Due to Non-Compliance with Nasdaq’s Continued Listing Standards as Set Forth in Listing Rule 5250(c)(1)Atlantic Coastal Acquisition Corp. II (the ‘Company’) previously filed a Form 12b-25 (the ‘Form 12b-25’) with the Securities and Exchange Commission on May 15, 2024 to extend the due date for the filing of its quarterly report on Form 10-Q for the quarter ended March 31, 2024 (the ‘Report’). The Form 12b-25 disclosed that the Report was unable to be filed on time because the Company required additional time to finalize its financial statements. Subsequently, on June 3, 2024, the Company received notice (the ‘Notice’) from the Nasdaq Stock Market LLC (‘Nasdaq’) that the Company was not in compliance with Nasdaq’s continued listing standards (the ‘Listing Rules’) as set forth in Listing Rule 5250(c)(1) given the Company’s failure to timely file the Report. Such further delay in filing the Report past the deadline set forth in the Form 12b-25 is in connection with additional time required to finalize the Company’s financial statements. Consistent with the Listing Rules, the Company has 60 calendar days from the date of the Notice to provide Nasdaq with a specific plan to achieve and sustain compliance with the Listing Rules. The Company is working diligently to finalize its financial statements to be included in the Report and expects to file the Report in the coming weeks.
お知らせ • May 17Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filingOn 05/15/2024, Atlantic Coastal Acquisition Corp. II announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Nov 14Atlantic Coastal Acquisition Corp. II(NasdaqGM:ACAB) dropped from NASDAQ Composite IndexAtlantic Coastal Acquisition Corp. II has been removed from NASDAQ Composite Index (^COMP) .
お知らせ • Oct 22Atlantic Coastal Acquisition Corp. II Provides Non-Compliance UpdateAs previously disclosed, on April 18, 2024, Atlantic Coastal Acquisition Corp. II received notice from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company has failed to maintain a minimum market value of publicly held shares of $15,000,000 for the 30 consecutive trading day such date, as required under Nasdaq Listing Rule 5450(b)(2)(C) (the “Market Value of Publicly Held Shares Requirement”). Additionally, on July 31, 2024, the company received an notice from Nasdaq informing the company that the company have failed to comply with Nasdaq Listing Rule 5450(a)(2), which requires a minimum of 400 unrestricted round lot holders (with at least 50% of such holders holding unrestricted securities) of listed securities (the “Total Holders Requirement” and, together with the Market Value of Publicly Held Shares Requirements, the “Nasdaq Deficiencies”). As previously disclosed, the Company was granted a compliance period to cure the Nasdaq Deficiencies no later than October 15, 2024. The Company expected, and still expects, the Nasdaq Deficiencies to be cured as a result of its previously announced proposed business combination (the “Business Combination”) with Abpro Corporation (“Abpro”). On October 16, 2024, the company received a delisting determination letter (“Delisting Determination Letter”) from Nasdaq notifying that the company failed to regain compliance with the Nasdaq Deficiencies by the expiration of the October 15, 2024 compliance period referenced above. Additionally, the Delisting Determination Letter also noted that, as of September 10, 2024, the company failed to meet the minimum requirement of 750,000 publicly held shares of listed common stock under Nasdaq Listing Rule 5450(b)(1)(B). The Delisting Determination Letter states that unless the company request a hearing before a Nasdaq Hearing Panel (“Panel”) by October 23, 2024, trading of common stock and warrants would be suspended. The company intend to request a hearing before the Panel prior to October 23, 2024, and such request for a hearing will automatically stay any suspension/delisting action by Nasdaq at least until the hearing process concludes and any extension granted by the Panel expires. The company expects that it will regain compliance with each of the foregoing Nasdaq listing rules upon the closing of the Business Combination.
お知らせ • Aug 15Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filingOn 08/14/2024, Atlantic Coastal Acquisition Corp. II announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Aug 07Atlantic Coastal Acquisition Corp. II Receives Non-Compliance Notice from the Nasdaq Stock Market LLCOn July 31, 2024, Atlantic Coastal Acquisition Corp. II (the Company") received notice (the Notice") from the Nasdaq Stock Market LLC (Nasdaq") indicating that the Company was not in compliance with Nasdaq's Listing Rule 5450(a) because the Company has failed to maintain a minimum of 400 holders of record and/or beneficial owners for its primary equity securities listed on The Nasdaq Global Market, as required under the Nasdaq continued listing standards for The Nasdaq Global Market. Under Nasdaq Listing Rules, the Company has 45 calendar days to submit a plan to regain compliance with Listing Rule 5450(a) and may be granted up to 180 calendar days from the date of the Notice to regain compliance therewith. The Company plans to submit its plan of compliance to Nasdaq within the required timeframe.
お知らせ • Jun 08Atlantic Coastal Acquisition Corp. II Receives Notice from the Nasdaq Stock Market LLC Due to Non-Compliance with Nasdaq’s Continued Listing Standards as Set Forth in Listing Rule 5250(c)(1)Atlantic Coastal Acquisition Corp. II (the ‘Company’) previously filed a Form 12b-25 (the ‘Form 12b-25’) with the Securities and Exchange Commission on May 15, 2024 to extend the due date for the filing of its quarterly report on Form 10-Q for the quarter ended March 31, 2024 (the ‘Report’). The Form 12b-25 disclosed that the Report was unable to be filed on time because the Company required additional time to finalize its financial statements. Subsequently, on June 3, 2024, the Company received notice (the ‘Notice’) from the Nasdaq Stock Market LLC (‘Nasdaq’) that the Company was not in compliance with Nasdaq’s continued listing standards (the ‘Listing Rules’) as set forth in Listing Rule 5250(c)(1) given the Company’s failure to timely file the Report. Such further delay in filing the Report past the deadline set forth in the Form 12b-25 is in connection with additional time required to finalize the Company’s financial statements. Consistent with the Listing Rules, the Company has 60 calendar days from the date of the Notice to provide Nasdaq with a specific plan to achieve and sustain compliance with the Listing Rules. The Company is working diligently to finalize its financial statements to be included in the Report and expects to file the Report in the coming weeks.
お知らせ • May 17Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filingOn 05/15/2024, Atlantic Coastal Acquisition Corp. II announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Board Change • May 07High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. CEO & Chairman of the Board Shahraab Ahmad is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Apr 28High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. CEO & Chairman of the Board Shahraab Ahmad is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 25Atlantic Coastal Acquisition Corp. II Provides Non-Compliance UpdateOn April 18, 2024, Atlantic Coastal Acquisition Corp. II (the Company") received letters from the Nasdaq Stock Market LLC (Nasdaq") indicating that (i) the Company was not in compliance with Nasdaq's Listing Rule 5450(b)(1)(B) because the Company has not, as of the fiscal year ended December 31, 2023, maintained a minimum of 1,100,000 publicly held shares, as required under the Nasdaq continued listing standards for The Nasdaq Global Market and (ii) the Company has failed to maintain a minimum market value of publicly held shares of $15,000,000 for the 30 consecutive business day period preceding this letter, as required under Nasdaq Listing Rule 5450(b)(2)(C). Under Nasdaq Listing Rules, the Company has 45 calendar days to submit a plan to regain compliance with Rule 5450(b)(1)(B) and 180 calendar days to regain compliance with Rule 5450(b)(2)(C). The Company expects that both deficiencies will be cured as a result of the consummation of its previously announced proposed business combination with Abpro Corporation (the Business Combination") as described in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission (SEC") on December 12, 2023. On April 23, 2024, the Company submitted its plan of compliance to Nasdaq, where it requested an extension of the compliance period to regain compliance with Rule 5450(b)(1)(B) from 45 calendar days to 180 calendar days.
Board Change • Mar 09High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. CEO & Chairman of the Board Shahraab Ahmad is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Feb 14High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. CEO & Chairman of the Board Shahraab Ahmad is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Nov 15Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filingOn 11/14/2023, Atlantic Coastal Acquisition Corp. II announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Sep 23Abpro Corporation entered into a term sheet to acquire Atlantic Coastal Acquisition Corp. II (NasdaqGM:ACAB) from shareholders in a reverse merger transaction.Abpro Corporation entered into a term sheet to acquire Atlantic Coastal Acquisition Corp. II (NasdaqGM:ACAB) from shareholders in a reverse merger transaction on September 18, 2023. At the closing of the Acquisition (the “Closing”), the equityholders of Abpro would own 72,500,000 shares in the combined company (the “Transaction Shares”). In addition to the Transaction Shares, 14,500,000 shares of common stock of the surviving entity will be deposited in an escrow account at closing and be periodically released subject to the conditions of an earnout agreement (the “Earnout Agreement”). If, on the fifth anniversary of the Closing, the conditions set forth in the Earnout Agreement for the release of such shares have not been met, such shares will be forfeited and returned to the treasury of the combined company. Under the Term Sheet, Abpro has agreed to negotiate exclusively with the Company with respect to the Acquisition for a period of 30 days (the “Exclusivity Period”). The Exclusivity Period will be automatically extended for two additional 15 day periods in certain circumstances. Under the terms of the Term Sheet, there is no fee or penalty for either party in the event the Term Sheet is terminated or the Acquisition is not consummated. The final terms of the Acquisition are subject to the negotiation and finalization of the Definitive Agreement and any other agreements relating to the Acquisition, and the material terms of the Acquisition may differ from those set forth in the Term Sheet. In addition, the Closing will be subject to various customary, completion of due diligence and other closing conditions. The transaction is expected to close in Q2 of 2024 and would result in an implied equity valuation for Abpro of $725 million. Brookline Capital Markets, a Division of Arcadia Securities, LLC, acted as a financial advisor to Abpro Corporation.
お知らせ • May 16Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filingOn 05/15/2023, Atlantic Coastal Acquisition Corp. II announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • May 17Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filingOn 05/16/2022, Atlantic Coastal Acquisition Corp. II announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Seeking Alpha • Mar 23Atlantic Coastal Acquisition Corp. II Is 2nd SPAC Aimed At MobilityAtlantic Coastal Acquisition Corp. II raised $300 million in an IPO in January 2022. The SPAC seeks to merge with a firm in the next generation mobility space. Given the team’s lack of successful track record in SPACs and recent failed merger attempt in its first SPAC, my outlook on ACAB is a Hold in the near term.