Announcement • Sep 06
The Nasdaq Stock Market to Delist Common Stock of Clean Energy Special Situations The Nasdaq Stock Market announced that it will delist the common stock, units, and warrants of Clean Energy Special Situations Corp. The company’s Securities were suspended on June 11, 2024, and have not traded on Nasdaq since that time. Announcement • Jun 08
Clean Energy Special Situations No Longer Desired to Appeal the Staff’s Determination to Remove the Listing of its Securities from Nasdaq As previously announced in a Current Report on Form 8-K filed on May 29, 2024, Clean Energy Special Situations Corp. (the ‘Company’) received written notice from the Nasdaq Stock Market LLC’s (‘Nasdaq’) Listing Qualifications Department staff (the ‘Staff’) indicating that the Company was not in compliance with Nasdaq’s continued listing standards, because the Company had not filed its Form 10-Q for the period ended March 31, 2024 and delinquencies by the Company in not paying certain fees required by Listing Rule 5250(f) and not filing its Annual Report on Form 10-K for the period ended December 31, 2023, all of which served as bases for delisting the Company’s securities from Nasdaq. The Company requested a hearing to appeal the delisting before a Nasdaq Hearings Panel, which was scheduled to occur on June 11, 2024. On June 6, 2024, the Company notified Nasdaq that it no longer desired to appeal the Staff’s determination to remove the listing of the Company’s securities from Nasdaq, would not proceed with the scheduled hearing between the Nasdaq Hearings Panel on June 11, 2024, and would voluntarily withdraw the listing of its securities from Nasdaq. As a result, trading in the Company’s common stock, units, and redeemable warrants will be suspended at the open of business on June 11, 2024. Thereafter, the Company’s common stock, units, and redeemable warrants may be quoted and traded in the over-the-counter pink sheets (‘OTC’) market under the ticker symbols ‘SWSS,’ ‘SWSSU,’ and ‘SWSSW,’ respectively. Announcement • May 30
Clean Energy Special Situations Corp. Receives Notice from Nasdaq Regarding Suspension of Trading of Securities Clean Energy Special Situations Corp. (the "Company") announced that, on May 23, 2024, it received a notification letter (the "Notification Letter") from the staff of the Listing Qualifications Department (the "Staff") of the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company was not in compliance with Nasdaq's continued listing standards (the "Rules"), because the Company had not filed its Form 10-Q for the period ended March 31, 2024 (the "Q1 10-Q"). The May 2024 Notification Letter noted that this delinquency serves as an additional basis for delisting the Company's securities from Nasdaq. In connection with a previous notification letter dated April 23, 2024 citing delinquencies by the Company in not paying certain fees required by Listing Rule 5250(f) and not filing its Annual Report on Form 10-K for the period ended December 31, 2023, the Company had requested a hearing to appeal the Staff's determination before a Nasdaq Hearings Panel, which is scheduled to occur on June 11, 2024. The delinquency noted in the May 2024 Notification Letter will also be considered by the Nasdaq Haring Panel. The Company is considering all options available to it to ensure compliance with all applicable criteria for continued listing on Nasdaq. There can be no assurance, however, that the Nasdaq Hearings Panel will grant the Company's request for continued listing or that the Company will evidence compliance within any extension period that may be granted by the Nasdaq Hearings Panel. There can be no assurance that the appeal will be successful.