PANTAGES CAPITAL ACQUISITION Corp (PGAC) Form 8-K — Aug 24, 2026
Pantages Capital Acquisition Corporation received a written notice from Nasdaq on August 21, 2026, informing the SPAC that its market value of listed securities was below the $50 million minimum required for continued listing on the Nasdaq Global Market for the last 30 consecutive business days. Nasdaq also indicated the company does not meet the requirements of Listing Rule 5450(b)(3)(A). The company has 180 calendar days, until February 17, 2027, to regain compliance, which requires its MVLS to reach at least $50 million for a minimum of 10 consecutive business days during that period.
Key figures
- Compliance Deadline
- 2027-02-17
- Additional Rule Failed
- Nasdaq Listing Rule 5450(b)(3)(A)
- Compliance Period Days
- 180
- Mvls Minimum Requirement Usd
- 50000000
- Business Days Above Minimum To Regain
- 10
- Consecutive Business Days Below Minimum
- 30
AI analysis
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