Israel Acquisitions Corp. Faces Nasdaq Delisting Risk Due to Market Value Deficiency

Reuters
03 Jun
Israel Acquisitions Corp. Faces Nasdaq Delisting Risk Due to Market Value Deficiency

Israel Acquisitions Corp. has announced that it received a deficiency letter from the Nasdaq Stock Market on May 28, 2025, indicating non-compliance with the Nasdaq Listing Rule 5450(b)(2)$(A)$. The rule requires a minimum market value of listed securities of at least $50 million. The company has 180 calendar days, until November 24, 2025, to address this issue by ensuring its market value closes at or above $50 million for at least 10 consecutive business days. Failure to meet this requirement could result in delisting, though the company is considering alternative actions, including potentially transferring its listing to The Nasdaq Capital Market, contingent on meeting the necessary criteria. The current listing on The Nasdaq Global Market remains unaffected as of now.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Israel Acquisitions Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-055478), on June 02, 2025, and is solely responsible for the information contained therein.

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