공시 • Nov 14
Atlantic Coastal Acquisition Corp. II(NasdaqGM:ACAB) dropped from NASDAQ Composite Index Atlantic Coastal Acquisition Corp. II has been removed from NASDAQ Composite Index (^COMP) . 공시 • Oct 22
Atlantic Coastal Acquisition Corp. II Provides Non-Compliance Update As 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. 공시 • Aug 15
Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filing On 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. 공시 • Aug 07
Atlantic Coastal Acquisition Corp. II Receives Non-Compliance Notice from the Nasdaq Stock Market LLC On 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. 공시 • Jun 08
Atlantic 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. 공시 • May 17
Atlantic Coastal Acquisition Corp. II announced delayed 10-Q filing On 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. 
