お知らせ • Jul 14
Nasdaq to File A Form 25 with the SEC to Delist the Sustainable Development Acquisition I's Securities Sustainable Development Acquisition I Corp. announced that the directors of the Company (the “Directors”) have determined to dissolve and liquidate the Company in accordance with the provisions of the Company’s Amended and Restated Certificate of Incorporation (as further amended on February 2, 2023), and the Investment Management Trust Agreement, between the Company and Continental Stock Transfer & Trust Company (“CST” or the “Trustee”), dated as of February 4, 2021 (Trust Agreement). Accordingly, the Company will redeem all of its Class A Common Stock, $0.0001 par value (the “Public Shares”) that were issued in its initial public offering (IPO), at a per-share redemption price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account (as defined in the Trust Agreement), including interest earned on the funds held in the Trust Account and not previously released to the Company to pay taxes (less up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares in issue, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any). The Company expects that Nasdaq will file a Form 25 with the United States Securities and Exchange Commission (the “SEC”) to delist the Company’s securities. The Company thereafter expects to file a Form 15 with the SEC to terminate the registration of its securities under the Securities Exchange Act of 1934, as amended. お知らせ • Jun 21
Sustainable Development Acquisition I Receives Notification Letter from Nasdaq Regarding Non-Compliance with the Minimum Market Value of Listed Securities On June 15, 2023, Sustainable Development Acquisition I Corp. received a notification letter (the ‘Notification Letter’) from The Nasdaq Stock Market, LLC (‘Nasdaq’) that it is not in compliance with the minimum Market Value of Listed Securities (the ‘MVLS’) set in Nasdaq Listing Rule 5450(b)(2) for continued listing on Nasdaq. Nasdaq Listing Rule 5550(b)(2) requires listed securities to maintain a MVLS of $35,000,000, and Nasdaq Listing Rule 5810(c)(3)(c) provides that a failure to meet the minimum MVLS requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the MVLS of the Company’s common stock between May 1, 2023 and June 14, 2023, the Company no longer meets the minimum MVLS requirement. The Notification Letter is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities. The Notification Letter provides that the Company has 180 calendar days, or until December 12, 2023, to regain compliance with the MVLS requirement (the ‘Compliance Period’). The Company’s securities will continue to trade on Nasdaq during the Compliance Period. To regain compliance, the minimum MVLS price of the Company’s common stock must close at or above $35,000,000 for a minimum of ten consecutive business days during the Compliance Period. If the Company does not regain compliance by December 12, 2023, it will receive written notice from Nasdaq that its securities are subject to delisting. At that time, the Company may appeal the delisting determination to a Hearings Panel in accordance with Nasdaq Listing Rule 5815. The Company intends to monitor the minimum MVLS price requirement of its common stock and may, if appropriate, consider implementing available options to regain compliance with the MVLS requirement. While the Company is exercising diligent efforts to maintain the listing of its common stock on The Nasdaq Capital Market, there can be no assurance that the Company will be able to regain or maintain compliance with the MVLS requirement. お知らせ • May 16
Sustainable Development Acquisition I Corp. announced delayed 10-Q filing On 05/15/2023, Sustainable Development Acquisition I Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. お知らせ • Feb 10
Sustainable Development Acquisition I Corp. Announces Board Changes Sustainable Development Acquisition I Corp. announced that on February 4, 2021, in connection with the IPO, Kathleen Brown, Andrew Kassoy, and Annette Rodriguez-Ferrer (the New Directors" and, collectively with Nicole Neeman Brady and Robert Schultz, the Directors") were appointed to the board of directors of the Company (the Board"). Effective February 4, 2021, each of Ms. Brown, Mr. Kassoy and Ms. Rodriguez-Ferrer was appointed to the Board's Audit Committee and the Board's Compensation Committee, with Mr. Kassoy serving as chair of the Audit Committee and Ms. Brown serving as chair of the Compensation Committee. お知らせ • Feb 06
Sustainable Development Acquisition I Corp. has completed an IPO in the amount of $275 million. Sustainable Development Acquisition I Corp. has completed an IPO in the amount of $275 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 27,500,000
Price\Range: $10
Discount Per Security: $0.55
Transaction Features: Blank Check Blind Pool Company