Aldel Financial II flags Nasdaq notice over shortfall in minimum public holders - ALDF News | RalliesAldel Financial II flags Nasdaq notice over shortfall in minimum public holders
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ALDF• Nasdaq notice over minimum public holders
- Aldel Financial II received a Nasdaq notice on Sept. 10, 2026 for noncompliance with Listing Rule 5450(a)(2) minimum 400 public holders.
- Nasdaq said the deficiency does not currently affect the company’s Nasdaq Global Market listing.
- A compliance plan is due within 45 days, by Oct. 26, 2026; Nasdaq can grant up to 180 days from the notice date.
- Failure to win plan acceptance could trigger a delisting determination, with an option to appeal to a Nasdaq Hearings Panel.
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