- Digital World Acquisition (NASDAQ:DWAC) said Wednesday it received a notice from the Nasdaq as it is not in compliance with continued listing standards.
- This is since DWAC failed to timely file its quarterly report for the period ended Mar. 31.
- The Company has 60 calendar days from receipt of the notice, or no later than July 24, 2023, to submit a plan to regain compliance.
- DWAC is continuing to work diligently to finalize and file the Form 10-Q as soon as possible before July 24, 2023.
- Earlier in April, Digital World receives non-compliance letter from Nasdaq.