The latest announcement is out from Global Blockchain Acquisition Corp. (GBBK).
Global Blockchain Acquisition Corporation has been notified by Nasdaq of non-compliance with a listing rule requiring a minimum number of shareholders and has until June 21, 2024, to submit a compliance plan or appeal if necessary. Meanwhile, the company’s securities remain listed as they work on regaining compliance. Additionally, at their recent Annual Meeting, stockholders voted in favor of all proposals, including electing seven directors, ratifying their public accounting firm, and amending the charter to extend the deadline for a business combination, which, if not achieved by the new deadline, will lead to redemption of public shares and potential liquidation of the company.
For detailed information about GBBK stock, go to TipRanks’ Stock Analysis page.
