Iron Horse Acquisitions Corp. Faces Potential Nasdaq Delisting Due to Minimum Value Rule Non-Compliance
Reuters
Aug 23
Iron Horse Acquisitions Corp. Faces Potential Nasdaq Delisting Due to Minimum Value Rule Non-Compliance
Iron Horse Acquisitions Corp. has announced that it received a notice from the Nasdaq Stock Market LLC regarding non-compliance with the Minimum Value of Listed Securities (MVLS) requirement for continued listing on The Nasdaq Global Market. The company's MVLS has been below the 50 million threshold for 30 consecutive business days, violating Nasdaq Listing Rule 5450(b)(A)$. Nasdaq has provided Iron Horse Acquisitions with a 180-day period, ending on February 16, 2026, to meet this requirement. The company expects to regain compliance following a pending business combination, though it cannot guarantee success. Failure to comply could result in delisting, with the option to appeal the decision. The notice does not currently affect the company's listing status.
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