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Nasdaq grants Pantages Capital an extension to regain compliance with the 400 Total Holders Requirement
PGACPANTAGES Capital ACQUISITION Corp
Pantages Capital Acquisition Corporation received a notice from Nasdaq granting an extension to demonstrate compliance with Listing Rule 5450(a)(2), which requires at least 400 Total Holders for continued listing on the Nasdaq Global Market. The company must file documentation by March 1, 2027, proving its Class A ordinary shares have a minimum of 400 holders. Failure to meet this deadline will result in written notification that securities will be delisted, subject to an appeal process. Pantages Capital Acquisition Corporation operates as a blank check company focused on effecting a merger, capital stock exchange, asset acquisition, or similar business combination.