IRIS ACQUISITION CORP Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
Iris Acquisition Corp (the "Company") received a written notice on December 26, 2023, from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that because it no longer meets the minimum 500,000 publicly held shares requirement for The Nasdaq Capital Market, it no longer complies with Listing Rule 5550(a)(4) (the "Rule") of Nasdaq's Listing Rules (the "Rules") for continued listing.
In accordance with the Rule, the Company has 45 calendar days to submit a plan to regain compliance.
The Company is evaluating various courses of action to achieve compliance with the Rule.
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Iris Acquisition Corp. published this content on 02 January 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 January 2024 13:42:46 UTC.
