공시 • Jun 25
Corner Growth Acquisition Corp.(NasdaqCM:COOL) dropped from NASDAQ Composite Index Corner Growth Acquisition Corp. has been Dropped from NASDAQ Composite Index . 공시 • May 15
Corner Growth Acquisition Receives Notice from Nasdaq Regarding No Longer Meets the Minimum 500,000 Publicly Held Shares Requirement for the Nasdaq Capital Market Pursuant to Nasdaq Listing Rule 5550(a)(4) On May 10, 2024, Corner Growth Acquisition Corp. (the ‘Company’) received a letter (the ‘Notice’) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (‘Nasdaq’) notifying the Company that the Company no longer meets the minimum 500,000 publicly held shares requirement for The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(4) (the ‘Minimum Publicly Held Shares Requirement’). In accordance with Nasdaq rules, the Company has 45 days, or until June 24, 2024, to submit a plan to regain compliance with the Minimum Publicly Held Shares Requirement. The Notice 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 on The Nasdaq Capital Market. The Notice states that the Company has 45 calendar days to submit a plan to regain compliance with the Minimum Publicly Held Shares Requirement. If the Company is unable to regain compliance by that date, the Company intends to submit a plan to regain compliance with the Minimum Publicly Held Shares Requirement within the required timeframe. If Nasdaq accepts the Company’s plan, Nasdaq may grant the Company an extension of up to 180 calendar days from the date of the Notice to evidence compliance with the Minimum Publicly Held Shares Requirement. If Nasdaq does not accept the Company’s plan, the Company will have the opportunity to appeal the decision in front of a Nasdaq Hearings Panel. 공시 • Apr 04
Corner Growth Acquisition Corp. Announces CFO Changes On April 2, 2024, Jerome “Jerry” Letter provided written notice to Corner Growth Acquisition Corp. of his resignation as the Company’s Chief Financial Officer, effective immediately. Mr. Letter’s resignation was not as a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Concurrently therewith, the Company’s current Co-Chairman and Chief Executive Officer, Marvin Tien, was appointed as acting Chief Financial Officer for the Company. Mr. Tien will retain his roles as Co-Chairmanand Chief Executive Officer. 공시 • Mar 21
Nasdaq Hearings Panel Issues Written Notice of its Decision to Grant Corner Growth Acquisition Corp.’s Request for an Exception to its Listing Deficiencies As previously reported on a Current Report on Form 8-K on December 22, 2023, on December 18, 2023, Corner Growth Acquisition Corp. (the “Company” or “Corner Growth”), received a notice (the “Notice”) from the staff of The Nasdaq Stock Market LLC (“Nasdaq”) that the Company’s securities (units, shares and warrants) would be subject to suspension and delisting from the Nasdaq Capital Market at the opening of business on December 27, 2023, due to the Company’s non-compliance with Nasdaq IM-5101-2, which requires that a special purpose acquisition company complete one or more business combinations within 36 months of the effectiveness of its IPO registration statement. The Company timely requested a hearing before the Nasdaq Hearings Panel to appeal the notice. Nasdaq granted the Company’s hearing request, which hearing request stayed the suspension of trading of the Company’s securities on The Nasdaq Capital Market until the hearing process concluded and the Nasdaq Hearings Panel issued a written decision. A hearing on the matter was held on March 14, 2024. On March 15, 2024, the Nasdaq Hearings Panel issued written notice of its decision to grant the Company’s request for an exception to its listing deficiencies until June 17, 2024 in view of the Company’s substantial steps toward closing its previously announced initial business combination and its plan for achieving compliance with Nasdaq listing rules upon closing of the transaction for listing on The Nasdaq Capital Market. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Alex Balkanski was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • Dec 24
Corner Growth Acquisition Receives Non-Compliance Notice from The Nasdaq Stock Market LLC On December 18, 2023, Corner Growth Acquisition Corp. (the ‘Company’) received a note from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC (‘Nasdaq’) indicating that, unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the ‘Panel’), the Company’s securities (shares, warrants, and rights) would be subject to suspension and delisting from The Nasdaq Capital Market at the opening of business on December 27, 2023, due to the Company’s non-compliance with Nasdaq IM-5101-2, which requires that a special purpose acquisition company complete one or more business combinations within 36 months of the effectiveness of its IPO registration statement. The Company has timely requested a hearing before the Panel to request sufficient time to complete a business combination. The hearing request will result in a stay of any suspension or delisting action pending the hearing. 