—Quarterly Report on Form 10-Q and Plan of
Compliance Have Now Been Submitted to Nasdaq—
SAN
FRANCISCO, May 30, 2023 /PRNewswire/ -- Aurora
Technology Acquisition Corp. (NASDAQ: ATAKU, ATAK, ATAKW, ATAKR)
(the "Company") announced that it had previously received written
notification (the "Notice") from the Listing Qualifications
Department of The Nasdaq Stock Market ("Nasdaq") on
May 23, 2023 that, because the
Company had not yet filed its Quarterly Report on Form 10-Q for the
fiscal quarter ended March 31, 2023
(the "Form 10-Q") with the Securities and Exchange Commission
("SEC"), the Company was not in compliance with Nasdaq's continued
listing requirements under Nasdaq Listing Rule 5250(c)(1). The
Notice has no immediate effect on the listing of the Company's
securities on Nasdaq. The Notice provides that the Company has 60
calendar days from the date of the Notice to provide
Nasdaq with a specific plan to achieve and sustain
compliance.
On May 25, 2023, the Company filed
the Form 10-Q with the SEC and submitted a plan of compliance to
Nasdaq staff.
About Aurora Technology Acquisition Corp.
Aurora
Technology Acquisition Corp. is a Cayman Island-based blank check
company formed for the purpose of effecting a merger, share
exchange, asset acquisition, share purchase, reorganization or
similar business combination with one or more businesses in any
industry or geographic location, but intends to focus its search on
high-growth technology companies based in North America and Asia (excluding China). The Company aims to prioritize target
companies founded by Asian or Asian-American entrepreneurs who are
building a global enterprise supported by forward thinking visions
and innovative frontier technologies that include, but are not
limited to, artificial intelligence, blockchain, quantum computing,
and electric vehicles.
Forward Looking Statements
This press release
may include "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. All
statements other than statements of historical fact included in
this press release are forward-looking statements. When used in
this press release, words such as "anticipate," "believe,"
"estimate," "expect," "intend" and similar expressions, as they
relate to us or our management team, identify forward-looking
statements. Such forward-looking statements are based on the
beliefs of management, as well as assumptions made by, and
information currently available to, the Company's management.
Actual results could differ materially from those contemplated by
the forward-looking statements as a result of certain factors
detailed in the Company's filings with the SEC. All subsequent
written or oral forward-looking statements attributable to us or
persons acting on our behalf are qualified in their entirety by
this paragraph. Forward-looking statements are subject to numerous
conditions, many of which are beyond the control of the Company,
including those set forth in the Risk Factors section of the
Company's registration statement and prospectus relating to the
Company's initial public offering filed with the SEC. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
Contact Information
Zachary Wang, CEO
Cathryn Chen, CFO
Yida Gao, COO
Email: info@auroraspac.com
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SOURCE Aurora Technology Acquisition Corp.