Announcement • Dec 04
Chenghe Acquisition I Co. Receives a Written Notice from Nasdaq Regarding Non-Compliance with Listing Rule 5450(a)(2) On November 27, 2024, Chenghe Acquisition I Co. (the ‘Company’) received a written notice (the ‘Notice’) from the Listing Qualifications Department (the ‘Staff’) of The Nasdaq Stock Market LLC (‘Nasdaq’) notifying the Company that the Company is not in compliance with Listing Rule 5450(a)(2) (the ‘Minimum Public Holders Rule’), which requires the Company to maintain a minimum of 400 total holders for continued listing on the Nasdaq Global Market. An indicator reflecting the Company’s non-compliance will be broadcast over Nasdaq’s market data dissemination network and will also be made available to third party market data providers. The Notice does not impact the listing of the Company’s securities on the Nasdaq Global Market at this time. The Notice states that the Company has 45 calendar days, or no later than January 13, 2025, to submit a plan (the ‘Compliance Plan’) to regain compliance with the Minimum Public Holders Rule. If the Company is unable to regain compliance by that date, the Company intends to submit a plan to regain compliance with the Minimum Public Holders Rule within the required timeframe. If Nasdaq accepts the Compliance 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 Public Holders Rule. If Nasdaq does not accept the Compliance Plan, the Company will have the opportunity to appeal the decision in front of a Nasdaq Hearings Panel. However, there can be no assurance that such an appeal would be successful. The Company, by filing this Current Report Form 8-K, discloses its receipt of the Notice in accordance with Nasdaq Listing Rule 5810(b). The Company intends to monitor its total holders between now and January 13, 2025, and may, if necessary or appropriate, evaluate available options to resolve the deficiency under and regain compliance with the Minimum Public Holders Rule. However, there can be no assurance that the Company will be able to regain or maintain compliance with Nasdaq listing criteria. Announcement • May 17
Chenghe Acquisition I Co. announced delayed 10-Q filing On 05/15/2024, Chenghe Acquisition I Co. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Apr 02
Chenghe Acquisition I Co. announced delayed annual 10-K filing On 04/01/2024, Chenghe Acquisition I Co. announced that they will be unable to file their next 10-K by the deadline required by the SEC.