Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
On
The Notification Letter does not impact the Company's listing on NASDAQ at this time, and the Company's Class A ordinary shares, units and warrants will continue to trade on NASDAQ under the symbols "MSDA," "MSDAU" and "MSDAW," respectively. Further, the Company does not expect that the Notification Letter will affect its ability to consummate an initial business combination.
Cautionary Note Regarding Forward-Looking Statements
The information included herein include "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. All statements, other
than statements of present or historical fact included herein, regarding the
Company's ability to regain compliance with Nasdaq Listing Rule 5605, prospects,
plans and objectives of management are forward looking statements. When used
herein the words "could," "should," "will," "may," "believe," "anticipate,"
"intend," "estimate," "expect," "project," the negative of such terms and other
similar expressions are intended to identify forward-looking statements,
although not all forward-looking statements contain such identifying words.
These forward-looking statements are based on management's current expectations
and assumptions about future events and are based on currently available
information as to the outcome and timing of future events. Except as otherwise
required by applicable law, the Company disclaims any duty to update any
forward-looking statements, all of which are expressly qualified by the
statements in this section, to reflect events or circumstances after the date
hereof. The Company cautions you that these forward-looking statements are
subject to all of the risks and uncertainties, most of which are difficult to
predict and many of which are beyond the control of the Company. Should one or
more of these risks occur, or should underlying assumptions prove incorrect,
actual results and plans could different materially from those expressed in any
forward-looking statements. Additional information concerning these and other
factors that may impact the Company's expectations and projections can be found
in its periodic filings with the
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