NorthView Acquisition Corporation Announces Receipt of Notice from Nasdaq Regarding Failure to Complete Initial Business Combination
26 Diciembre 2024 - 3:30PM
NorthView Acquisition Corporation (Nasdaq: NVAC) (the “Company”)
announced that it has received a notice (the “Notice”) from the
Listing Qualifications Department of the Nasdaq Stock Market LLC
(“Nasdaq”) indicating that (i) the Staff has determined that the
Company’s securities will be delisted from The Nasdaq Stock Market;
(ii) trading of the Company’s Common Stock, Rights, and Warrants
will be suspended at the opening of business on December 27, 2024;
and (iii) a Form 25-NSE will be filed with the Securities and
Exchange Commission (the “SEC”), which will remove the Company’s
securities from listing on The Nasdaq Stock Market. Pursuant to
Nasdaq Listing Rule IM-5101-2, a special purpose acquisition
company must complete one or more business combinations within 36
months of the effectiveness of its IPO registration statement.
Since the Company failed to complete its initial business
combination by December 20, 2024, the Company did not comply with
IM-5101-2, and its securities are now subject to delisting.
The Company will not appeal Nasdaq’s
determination to delist the Company’s securities and accordingly,
the Company’s securities will be suspended from trading on Nasdaq
at the opening of business on December 27, 2024. The Company
intends to apply for the listing of its securities on the OTC
market under the same ticker symbols after they are delisted from
Nasdaq. The delisting from Nasdaq does not affect the Company’s
previously announced business combination with Profusa Inc., as
both parties continue to work to effectuate the closing of the
business combination. The merged entity will apply for listing of
its securities on the Nasdaq Stock Market in connection with the
closing of the business combination.
The Company will remain a reporting entity under
the Securities Exchange Act of 1934, as amended, with respect to
continued disclosure of financial and operational information.
About NorthView Acquisition
Corporation
NorthView Acquisition Corporation is a blank
check company incorporated in Delaware for the purpose of effecting
a merger, share exchange, asset acquisition, stock purchase,
reorganization or similar business combination with one or more
businesses.
Forward Looking Statements
This press release contains statements that
constitute “forward-looking statements”. 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 final
prospectus for the offering filed with the SEC. Copies are
available on the SEC’s website, www.sec.gov. The Company undertakes
no obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
Company Contacts:
Fred KnechtelFredknechtel@hotmail.com(631) 987-8921
NorthView Acquisition (NASDAQ:NVACU)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025
NorthView Acquisition (NASDAQ:NVACU)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025