Announcement • Nov 18
Gardiner Healthcare Acquisitions Corp. announced delayed 10-Q filing On 11/17/2023, Gardiner Healthcare Acquisitions Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Oct 29
Gardiner Healthcare Acquisitions Securities to Be Transferred from the Nasdaq Global Market to the Nasdaq Capital Market On October 24, 2023, Gardiner Healthcare Acquisitions Corp. (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company no longer meets Listing Rule 5550(a)(3), which requires listed companies to maintain a minimum of 300 public holders (the “Total Holders”). Nasdaq Listing Rule 5810(c)(2)(C) provides the Company with a period of 45 calendar days, or until December 8, 2023 (the “Compliance Date”), to submit a plan to regain compliance. Pursuant to Nasdaq Listing Rule 5810(c)(2)(B)(i), if Nasdaq accepts the Company’s compliance plan, then Nasdaq may grant an extension of up to 180 calendar days from the date of the Notice for compliance with the Total Holders requirement. If Nasdaq does not accept the Company’s compliance plan, then the Company will have the opportunity to appeal the decision in front of a Nasdaq Hearings Panel. The Notice has no immediate effect on the listing of the Company’s securities on Nasdaq. The Company intends to submit its compliance plan by the Compliance Date, and to actively monitor its Total Holders between now and the Compliance Date and may, if appropriate, evaluate appropriate options. While the Company is exercising diligent efforts to maintain the listing of its securities on Nasdaq, there can be no assurance that it will be able to regain or maintain compliance with Nasdaq’s listing standards by the Compliance Date. On October 24, 2023, the Company received a letter from the Nasdaq Listing Qualifications staff granting the Company's request for transfer to The Nasdaq Capital Market subject to the conditions outlined in the application to phase-down to The Nasdaq Capital Market. The Company's securities will be transferred to The Nasdaq Capital Market at the opening of business on October 27, 2023. Announcement • Sep 17
Dr. Janelle R. Anderson Notifies the Gardiner Healthcare Acquisitions Corp. of Her Decision to Resign from the Board On September 14, 2023, Dr. Janelle R. Anderson notified the Gardiner Healthcare Acquisitions Corp. of her decision to resign from the Board, effective immediately. Dr. Anderson informed the Company that her decision to resign was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. At the time of her resignation, Dr. Anderson served on the Audit Committee and the Nominating Committee of the Board.