This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsAura FAT Projects Acquisition（AFAR）株式概要Aura FAT Projects Acquisition Corp.は重要な事業を行っていない。 詳細AFAR ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績1/6財務の健全性0/6配当金0/6リスク分析収益が 100 万ドル未満 ( $0 )マイナスの株主資本 負債は営業キャッシュフローで十分にカバーされていない 株式の流動性は非常に低い +2 さらなるリスクすべてのリスクチェックを見るAFAR Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$11.68該当なし内在価値ディスカウントEst. Revenue$PastFuture03m2016201920222025202620282031Revenue US$1.0Earnings US$0AdvancedSet Fair ValueView all narrativesAura FAT Projects Acquisition Corp 競合他社Healthcare AI AcquisitionSymbol: OTCPK:HAIA.FMarket cap: US$70.6mNorthView AcquisitionSymbol: OTCPK:NVACMarket cap: US$13.4mClean Energy Special SituationsSymbol: OTCPK:SWSSMarket cap: US$51.7mAimfinity Investment ISymbol: OTCPK:AIMU.FMarket cap: US$6.9m価格と性能株価の高値、安値、推移の概要Aura FAT Projects Acquisition過去の株価現在の株価US$11.6852週高値US$13.7052週安値US$10.76ベータ0.00531ヶ月の変化0%3ヶ月変化3.27%1年変化8.55%3年間の変化n/a5年間の変化n/aIPOからの変化18.34%最新ニュースお知らせ • Jul 24Aura FAT Projects Acquisition Provides Non-Compliance UpdateAs previously disclosed on Form 8-K with the Securities and Exchange Commission (the SEC"), on December 15, 2023, Aura FAT Projects Acquisition Corp, a Cayman Islands exempted company limited by shares, with company registration number 384483 (the Company") received written notice indicating that because the Company's Market Value of Listed Securities was less than $50 million, the Company was no longer in compliance with Listing Rule 5450(b)(2)(A) of the Nasdaq Global Market (Nasdaq"), which requires the Company to maintain a Market Value of Listed Securities of at least $50 million (the MVLS Requirement"). The Company was provided 180 calendar days to regain compliance with the MVLS Requirement. On July 19, 2024, the Company received a written notice (the Notice") from the Listing Qualifications Department stating that the Company had failed to regain compliance with the MVLS Requirement. The Notice also stated that the Company does not comply with Listing Rule 5450(b)(2)(B), which requires a minimum of 1,100,000 publicly held shares, and Listing Rule 5450(b)(2)(C), which requires a minimum of $15 million market value of publicly held shares. The Notice further indicated Nasdaq's concerns that the Company may also no longer comply with the minimum 400 total holders requirement pursuant to Listing Rule 5450(a)(2), due to the substantial number of shareholder redemptions and low number of shares remaining outstanding, as previously disclosed by the Company on the Current Report on Form 8-K filed July 16, 2024. As a result of the Listing Qualifications Department's determination that the substantial number of redemptions would cause the Company to fail to comply with multiple Nasdaq listing requirements, Nasdaq has determined to halt trading in the Company's securities on July 19, 2024. Nasdaq has further indicated that a determination whether to continue the trading halt will be made following the Company's disclosure of this Notice. Following the Company's disclosure of the Notice and Nasdaq's determination to lift the trading halt, if so decided, the Notice stated that unless the Company requests an appeal of this determination, trading of the Company's securities will be suspended at the opening of business on July 30, 2024, and a Form 25-NSE will be filed with the SEC, which will remove the Company's securities from listing and registration on Nasdaq. The Company may request an appeal of the determinations contained in the Notice by July 26, 2024 (the Appeal Deadline"). The Company intends to submit an appeal of the Listing Qualifications Department's determination to a hearings panel (the Nasdaq Hearings Panel"), as well as a request to stay the suspension of its common stock pending the hearing date, under the procedures set forth in the Nasdaq Listing Rule 5800 Series, no later than the Appeal Deadline. No assurances can be provided that the Company will submit the appeal by the Appeal Deadline. Furthermore, no assurances can be provided that the Company will obtain a favorable decision from the Nasdaq Hearings Panel, and/or that the Company will be able to regain or maintain compliance with the Nasdaq listing rules and continue the listing of its securities on Nasdaq.New Risk • May 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$5.9m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (US$65.1m market cap).お知らせ • Dec 16Aura FAT Projects Acquisition Receives Non-Compliance Notice From NasdaqOn December 11, 2023, Aura FAT Projects Acquisition Corp. received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that since the Company’s Market Value of Listed Securities was less than $50 million, the Company was no longer in compliance with the Nasdaq Global Market continued listing criteria set in Listing Rule 5450(b)(2)(A), which requires the Company to maintain a Market Value of Listed Securities of at least $50 million (the “MVLS Notice”). The MVLS Notice additionally indicates that the Company, pursuant to the Listing Rules, has a compliance period of 180 calendar days in which it can regain compliance. Further, the MVLS Notice states that, if at any time during the compliance period the Company closes at $50 million or more for a minimum of ten consecutive business days, Nasdaq will provide written confirmation of compliance and the matter will be closed. The MVLS Notice serves only as a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities. The MVLS Notice does not have a current effect on the listing or trading of the Company’s securities on the Nasdaq Global Market. The Company intends to take action to regain compliance with Rule 5450(b)(2)(A) within the 180 calendar day compliance period. While the Company is exercising diligent efforts to maintain the listing of its ordinary shares on Nasdaq Global Market, there can be no assurance that the Company will be able to regain or maintain compliance with Nasdaq Global Market MVLS requirement.お知らせ • Oct 19Aura FAT Projects Acquisition Corp announced delayed 10-Q filingOn 10/17/2023, Aura FAT Projects Acquisition Corp announced that they will be unable to file their next 10-Q by the deadline required by the SEC.Board Change • Dec 13Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director John Laurens was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Dec 06Aura FAT Projects Acquisition Corp Announces Board ChangesOn December 1, 2022, Leigh Travers informed the board of directors (the “Board”) of Aura FAT Projects Acquisition Corp. of his intention to resign her position on the Board, effective December 1, 2022. On December 1, 2022, the Board appointed Andrew Porter to fill the vacancy on the Board resulting from the resignation of Mr. Travers due to his broad experience in finance, blockchain, cryptocurrency, and financial technology. Mr. Porter has been appointed to serve on the Compensation Committee of the Board. Mr. Porter has over 20 years of experience in the financial, fintech and crypto currency industries serving in various senior management roles and as a board advisor. Mr. Porter has been Chief Investment Officer of Aventine Capital Pty Ltd. since November 2019. Since February 2020, Mr. Porter has served as board advisor to CryptoSpend. In addition, Mr. Porter has served as a board advisor to FlashFX since June 2020. From September 2017 to March 2020, Mr. Porter served as a board advisor to Synthetix. From February 2022 to June 2022, Mr. Porter served as the Chief Executive Officer of FinTech Australia. Mr. Porter served as the interim Chief Executive Officer of Flash FX from June 2020 until January 2021. From March 2018 to March 2020, Mr. Porter served as Chief Commercial Officer and Country Director of TransferMate Global Payments. From March 2010 to June 2017, Mr. Porter served as Managing Director of World First Pty Ltd. Mr. Porter holds a Bachelor of Arts from Macquarie University and a Diploma of Financial Markets from The Securities Institute of Australia (now FINSIA).最新情報をもっと見るRecent updatesお知らせ • Jul 24Aura FAT Projects Acquisition Provides Non-Compliance UpdateAs previously disclosed on Form 8-K with the Securities and Exchange Commission (the SEC"), on December 15, 2023, Aura FAT Projects Acquisition Corp, a Cayman Islands exempted company limited by shares, with company registration number 384483 (the Company") received written notice indicating that because the Company's Market Value of Listed Securities was less than $50 million, the Company was no longer in compliance with Listing Rule 5450(b)(2)(A) of the Nasdaq Global Market (Nasdaq"), which requires the Company to maintain a Market Value of Listed Securities of at least $50 million (the MVLS Requirement"). The Company was provided 180 calendar days to regain compliance with the MVLS Requirement. On July 19, 2024, the Company received a written notice (the Notice") from the Listing Qualifications Department stating that the Company had failed to regain compliance with the MVLS Requirement. The Notice also stated that the Company does not comply with Listing Rule 5450(b)(2)(B), which requires a minimum of 1,100,000 publicly held shares, and Listing Rule 5450(b)(2)(C), which requires a minimum of $15 million market value of publicly held shares. The Notice further indicated Nasdaq's concerns that the Company may also no longer comply with the minimum 400 total holders requirement pursuant to Listing Rule 5450(a)(2), due to the substantial number of shareholder redemptions and low number of shares remaining outstanding, as previously disclosed by the Company on the Current Report on Form 8-K filed July 16, 2024. As a result of the Listing Qualifications Department's determination that the substantial number of redemptions would cause the Company to fail to comply with multiple Nasdaq listing requirements, Nasdaq has determined to halt trading in the Company's securities on July 19, 2024. Nasdaq has further indicated that a determination whether to continue the trading halt will be made following the Company's disclosure of this Notice. Following the Company's disclosure of the Notice and Nasdaq's determination to lift the trading halt, if so decided, the Notice stated that unless the Company requests an appeal of this determination, trading of the Company's securities will be suspended at the opening of business on July 30, 2024, and a Form 25-NSE will be filed with the SEC, which will remove the Company's securities from listing and registration on Nasdaq. The Company may request an appeal of the determinations contained in the Notice by July 26, 2024 (the Appeal Deadline"). The Company intends to submit an appeal of the Listing Qualifications Department's determination to a hearings panel (the Nasdaq Hearings Panel"), as well as a request to stay the suspension of its common stock pending the hearing date, under the procedures set forth in the Nasdaq Listing Rule 5800 Series, no later than the Appeal Deadline. No assurances can be provided that the Company will submit the appeal by the Appeal Deadline. Furthermore, no assurances can be provided that the Company will obtain a favorable decision from the Nasdaq Hearings Panel, and/or that the Company will be able to regain or maintain compliance with the Nasdaq listing rules and continue the listing of its securities on Nasdaq.New Risk • May 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$5.9m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (US$65.1m market cap).お知らせ • Dec 16Aura FAT Projects Acquisition Receives Non-Compliance Notice From NasdaqOn December 11, 2023, Aura FAT Projects Acquisition Corp. received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that since the Company’s Market Value of Listed Securities was less than $50 million, the Company was no longer in compliance with the Nasdaq Global Market continued listing criteria set in Listing Rule 5450(b)(2)(A), which requires the Company to maintain a Market Value of Listed Securities of at least $50 million (the “MVLS Notice”). The MVLS Notice additionally indicates that the Company, pursuant to the Listing Rules, has a compliance period of 180 calendar days in which it can regain compliance. Further, the MVLS Notice states that, if at any time during the compliance period the Company closes at $50 million or more for a minimum of ten consecutive business days, Nasdaq will provide written confirmation of compliance and the matter will be closed. The MVLS Notice serves only as a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities. The MVLS Notice does not have a current effect on the listing or trading of the Company’s securities on the Nasdaq Global Market. The Company intends to take action to regain compliance with Rule 5450(b)(2)(A) within the 180 calendar day compliance period. While the Company is exercising diligent efforts to maintain the listing of its ordinary shares on Nasdaq Global Market, there can be no assurance that the Company will be able to regain or maintain compliance with Nasdaq Global Market MVLS requirement.お知らせ • Oct 19Aura FAT Projects Acquisition Corp announced delayed 10-Q filingOn 10/17/2023, Aura FAT Projects Acquisition Corp announced that they will be unable to file their next 10-Q by the deadline required by the SEC.Board Change • Dec 13Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director John Laurens was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Dec 06Aura FAT Projects Acquisition Corp Announces Board ChangesOn December 1, 2022, Leigh Travers informed the board of directors (the “Board”) of Aura FAT Projects Acquisition Corp. of his intention to resign her position on the Board, effective December 1, 2022. On December 1, 2022, the Board appointed Andrew Porter to fill the vacancy on the Board resulting from the resignation of Mr. Travers due to his broad experience in finance, blockchain, cryptocurrency, and financial technology. Mr. Porter has been appointed to serve on the Compensation Committee of the Board. Mr. Porter has over 20 years of experience in the financial, fintech and crypto currency industries serving in various senior management roles and as a board advisor. Mr. Porter has been Chief Investment Officer of Aventine Capital Pty Ltd. since November 2019. Since February 2020, Mr. Porter has served as board advisor to CryptoSpend. In addition, Mr. Porter has served as a board advisor to FlashFX since June 2020. From September 2017 to March 2020, Mr. Porter served as a board advisor to Synthetix. From February 2022 to June 2022, Mr. Porter served as the Chief Executive Officer of FinTech Australia. Mr. Porter served as the interim Chief Executive Officer of Flash FX from June 2020 until January 2021. From March 2018 to March 2020, Mr. Porter served as Chief Commercial Officer and Country Director of TransferMate Global Payments. From March 2010 to June 2017, Mr. Porter served as Managing Director of World First Pty Ltd. Mr. Porter holds a Bachelor of Arts from Macquarie University and a Diploma of Financial Markets from The Securities Institute of Australia (now FINSIA).株主還元AFARUS Capital MarketsUS 市場7D0%0.1%1.1%1Y8.6%10.4%28.7%株主還元を見る業界別リターン: AFAR過去 1 年間で10.4 % 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: AFARは、過去 1 年間で28.7 % のリターンを上げたUS市場を下回りました。価格変動Is AFAR's price volatile compared to industry and market?AFAR volatilityAFAR Average Weekly Movementn/aCapital Markets Industry Average Movement3.6%Market Average Movement7.2%10% most volatile stocks in US Market16.5%10% least volatile stocks in US Market3.1%安定した株価: AFAR 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 過去 1 年間のAFARのボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO（最高経営責任者ウェブサイト2021n/aTristan Lowww.aurafatprojects.comAura FAT Projects Acquisition Corp.は重要な事業を行っていない。同社は、1つまたは複数の企業との合併、株式交換、資産買収、株式購入、組織再編、または同様の企業結合を行う予定である。東南アジア、オーストラリア、ニュージーランドにおいて、Web 3.0、ブロックチェーン、暗号通貨、デジタル台帳、電子ゲーム、その他の新しい金融技術やサービスのアプリケーションを持つテクノロジー企業の買収に注力している。同社は2021年に設立され、シンガポールを拠点としている。もっと見るAura FAT Projects Acquisition Corp 基礎のまとめAura FAT Projects Acquisition の収益と売上を時価総額と比較するとどうか。AFAR 基礎統計学時価総額US$67.53m収益（TTM）US$1.05m売上高(TTM)n/a64.4xPER（株価収益率0.0xP/SレシオAFAR 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AFAR 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$1.05m収益US$1.05m直近の収益報告May 31, 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-17.0%AFAR 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2024/09/10 07:56終値2024/07/19 00:00収益2024/05/31年間収益2023/11/30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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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Aura FAT Projects Acquisition Corp 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 • Jul 24Aura FAT Projects Acquisition Provides Non-Compliance UpdateAs previously disclosed on Form 8-K with the Securities and Exchange Commission (the SEC"), on December 15, 2023, Aura FAT Projects Acquisition Corp, a Cayman Islands exempted company limited by shares, with company registration number 384483 (the Company") received written notice indicating that because the Company's Market Value of Listed Securities was less than $50 million, the Company was no longer in compliance with Listing Rule 5450(b)(2)(A) of the Nasdaq Global Market (Nasdaq"), which requires the Company to maintain a Market Value of Listed Securities of at least $50 million (the MVLS Requirement"). The Company was provided 180 calendar days to regain compliance with the MVLS Requirement. On July 19, 2024, the Company received a written notice (the Notice") from the Listing Qualifications Department stating that the Company had failed to regain compliance with the MVLS Requirement. The Notice also stated that the Company does not comply with Listing Rule 5450(b)(2)(B), which requires a minimum of 1,100,000 publicly held shares, and Listing Rule 5450(b)(2)(C), which requires a minimum of $15 million market value of publicly held shares. The Notice further indicated Nasdaq's concerns that the Company may also no longer comply with the minimum 400 total holders requirement pursuant to Listing Rule 5450(a)(2), due to the substantial number of shareholder redemptions and low number of shares remaining outstanding, as previously disclosed by the Company on the Current Report on Form 8-K filed July 16, 2024. As a result of the Listing Qualifications Department's determination that the substantial number of redemptions would cause the Company to fail to comply with multiple Nasdaq listing requirements, Nasdaq has determined to halt trading in the Company's securities on July 19, 2024. Nasdaq has further indicated that a determination whether to continue the trading halt will be made following the Company's disclosure of this Notice. Following the Company's disclosure of the Notice and Nasdaq's determination to lift the trading halt, if so decided, the Notice stated that unless the Company requests an appeal of this determination, trading of the Company's securities will be suspended at the opening of business on July 30, 2024, and a Form 25-NSE will be filed with the SEC, which will remove the Company's securities from listing and registration on Nasdaq. The Company may request an appeal of the determinations contained in the Notice by July 26, 2024 (the Appeal Deadline"). The Company intends to submit an appeal of the Listing Qualifications Department's determination to a hearings panel (the Nasdaq Hearings Panel"), as well as a request to stay the suspension of its common stock pending the hearing date, under the procedures set forth in the Nasdaq Listing Rule 5800 Series, no later than the Appeal Deadline. No assurances can be provided that the Company will submit the appeal by the Appeal Deadline. Furthermore, no assurances can be provided that the Company will obtain a favorable decision from the Nasdaq Hearings Panel, and/or that the Company will be able to regain or maintain compliance with the Nasdaq listing rules and continue the listing of its securities on Nasdaq.
New Risk • May 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$5.9m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (US$65.1m market cap).
お知らせ • Dec 16Aura FAT Projects Acquisition Receives Non-Compliance Notice From NasdaqOn December 11, 2023, Aura FAT Projects Acquisition Corp. received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that since the Company’s Market Value of Listed Securities was less than $50 million, the Company was no longer in compliance with the Nasdaq Global Market continued listing criteria set in Listing Rule 5450(b)(2)(A), which requires the Company to maintain a Market Value of Listed Securities of at least $50 million (the “MVLS Notice”). The MVLS Notice additionally indicates that the Company, pursuant to the Listing Rules, has a compliance period of 180 calendar days in which it can regain compliance. Further, the MVLS Notice states that, if at any time during the compliance period the Company closes at $50 million or more for a minimum of ten consecutive business days, Nasdaq will provide written confirmation of compliance and the matter will be closed. The MVLS Notice serves only as a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities. The MVLS Notice does not have a current effect on the listing or trading of the Company’s securities on the Nasdaq Global Market. The Company intends to take action to regain compliance with Rule 5450(b)(2)(A) within the 180 calendar day compliance period. While the Company is exercising diligent efforts to maintain the listing of its ordinary shares on Nasdaq Global Market, there can be no assurance that the Company will be able to regain or maintain compliance with Nasdaq Global Market MVLS requirement.
お知らせ • Oct 19Aura FAT Projects Acquisition Corp announced delayed 10-Q filingOn 10/17/2023, Aura FAT Projects Acquisition Corp announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Board Change • Dec 13Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director John Laurens was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 06Aura FAT Projects Acquisition Corp Announces Board ChangesOn December 1, 2022, Leigh Travers informed the board of directors (the “Board”) of Aura FAT Projects Acquisition Corp. of his intention to resign her position on the Board, effective December 1, 2022. On December 1, 2022, the Board appointed Andrew Porter to fill the vacancy on the Board resulting from the resignation of Mr. Travers due to his broad experience in finance, blockchain, cryptocurrency, and financial technology. Mr. Porter has been appointed to serve on the Compensation Committee of the Board. Mr. Porter has over 20 years of experience in the financial, fintech and crypto currency industries serving in various senior management roles and as a board advisor. Mr. Porter has been Chief Investment Officer of Aventine Capital Pty Ltd. since November 2019. Since February 2020, Mr. Porter has served as board advisor to CryptoSpend. In addition, Mr. Porter has served as a board advisor to FlashFX since June 2020. From September 2017 to March 2020, Mr. Porter served as a board advisor to Synthetix. From February 2022 to June 2022, Mr. Porter served as the Chief Executive Officer of FinTech Australia. Mr. Porter served as the interim Chief Executive Officer of Flash FX from June 2020 until January 2021. From March 2018 to March 2020, Mr. Porter served as Chief Commercial Officer and Country Director of TransferMate Global Payments. From March 2010 to June 2017, Mr. Porter served as Managing Director of World First Pty Ltd. Mr. Porter holds a Bachelor of Arts from Macquarie University and a Diploma of Financial Markets from The Securities Institute of Australia (now FINSIA).
お知らせ • Jul 24Aura FAT Projects Acquisition Provides Non-Compliance UpdateAs previously disclosed on Form 8-K with the Securities and Exchange Commission (the SEC"), on December 15, 2023, Aura FAT Projects Acquisition Corp, a Cayman Islands exempted company limited by shares, with company registration number 384483 (the Company") received written notice indicating that because the Company's Market Value of Listed Securities was less than $50 million, the Company was no longer in compliance with Listing Rule 5450(b)(2)(A) of the Nasdaq Global Market (Nasdaq"), which requires the Company to maintain a Market Value of Listed Securities of at least $50 million (the MVLS Requirement"). The Company was provided 180 calendar days to regain compliance with the MVLS Requirement. On July 19, 2024, the Company received a written notice (the Notice") from the Listing Qualifications Department stating that the Company had failed to regain compliance with the MVLS Requirement. The Notice also stated that the Company does not comply with Listing Rule 5450(b)(2)(B), which requires a minimum of 1,100,000 publicly held shares, and Listing Rule 5450(b)(2)(C), which requires a minimum of $15 million market value of publicly held shares. The Notice further indicated Nasdaq's concerns that the Company may also no longer comply with the minimum 400 total holders requirement pursuant to Listing Rule 5450(a)(2), due to the substantial number of shareholder redemptions and low number of shares remaining outstanding, as previously disclosed by the Company on the Current Report on Form 8-K filed July 16, 2024. As a result of the Listing Qualifications Department's determination that the substantial number of redemptions would cause the Company to fail to comply with multiple Nasdaq listing requirements, Nasdaq has determined to halt trading in the Company's securities on July 19, 2024. Nasdaq has further indicated that a determination whether to continue the trading halt will be made following the Company's disclosure of this Notice. Following the Company's disclosure of the Notice and Nasdaq's determination to lift the trading halt, if so decided, the Notice stated that unless the Company requests an appeal of this determination, trading of the Company's securities will be suspended at the opening of business on July 30, 2024, and a Form 25-NSE will be filed with the SEC, which will remove the Company's securities from listing and registration on Nasdaq. The Company may request an appeal of the determinations contained in the Notice by July 26, 2024 (the Appeal Deadline"). The Company intends to submit an appeal of the Listing Qualifications Department's determination to a hearings panel (the Nasdaq Hearings Panel"), as well as a request to stay the suspension of its common stock pending the hearing date, under the procedures set forth in the Nasdaq Listing Rule 5800 Series, no later than the Appeal Deadline. No assurances can be provided that the Company will submit the appeal by the Appeal Deadline. Furthermore, no assurances can be provided that the Company will obtain a favorable decision from the Nasdaq Hearings Panel, and/or that the Company will be able to regain or maintain compliance with the Nasdaq listing rules and continue the listing of its securities on Nasdaq.
New Risk • May 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$5.9m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (US$65.1m market cap).
お知らせ • Dec 16Aura FAT Projects Acquisition Receives Non-Compliance Notice From NasdaqOn December 11, 2023, Aura FAT Projects Acquisition Corp. received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that since the Company’s Market Value of Listed Securities was less than $50 million, the Company was no longer in compliance with the Nasdaq Global Market continued listing criteria set in Listing Rule 5450(b)(2)(A), which requires the Company to maintain a Market Value of Listed Securities of at least $50 million (the “MVLS Notice”). The MVLS Notice additionally indicates that the Company, pursuant to the Listing Rules, has a compliance period of 180 calendar days in which it can regain compliance. Further, the MVLS Notice states that, if at any time during the compliance period the Company closes at $50 million or more for a minimum of ten consecutive business days, Nasdaq will provide written confirmation of compliance and the matter will be closed. The MVLS Notice serves only as a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities. The MVLS Notice does not have a current effect on the listing or trading of the Company’s securities on the Nasdaq Global Market. The Company intends to take action to regain compliance with Rule 5450(b)(2)(A) within the 180 calendar day compliance period. While the Company is exercising diligent efforts to maintain the listing of its ordinary shares on Nasdaq Global Market, there can be no assurance that the Company will be able to regain or maintain compliance with Nasdaq Global Market MVLS requirement.
お知らせ • Oct 19Aura FAT Projects Acquisition Corp announced delayed 10-Q filingOn 10/17/2023, Aura FAT Projects Acquisition Corp announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Board Change • Dec 13Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director John Laurens was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 06Aura FAT Projects Acquisition Corp Announces Board ChangesOn December 1, 2022, Leigh Travers informed the board of directors (the “Board”) of Aura FAT Projects Acquisition Corp. of his intention to resign her position on the Board, effective December 1, 2022. On December 1, 2022, the Board appointed Andrew Porter to fill the vacancy on the Board resulting from the resignation of Mr. Travers due to his broad experience in finance, blockchain, cryptocurrency, and financial technology. Mr. Porter has been appointed to serve on the Compensation Committee of the Board. Mr. Porter has over 20 years of experience in the financial, fintech and crypto currency industries serving in various senior management roles and as a board advisor. Mr. Porter has been Chief Investment Officer of Aventine Capital Pty Ltd. since November 2019. Since February 2020, Mr. Porter has served as board advisor to CryptoSpend. In addition, Mr. Porter has served as a board advisor to FlashFX since June 2020. From September 2017 to March 2020, Mr. Porter served as a board advisor to Synthetix. From February 2022 to June 2022, Mr. Porter served as the Chief Executive Officer of FinTech Australia. Mr. Porter served as the interim Chief Executive Officer of Flash FX from June 2020 until January 2021. From March 2018 to March 2020, Mr. Porter served as Chief Commercial Officer and Country Director of TransferMate Global Payments. From March 2010 to June 2017, Mr. Porter served as Managing Director of World First Pty Ltd. Mr. Porter holds a Bachelor of Arts from Macquarie University and a Diploma of Financial Markets from The Securities Institute of Australia (now FINSIA).
