Plum Acquisition IV Receives Nasdaq Deficiency Notice Over Minimum Holder Requirement

Bitget2026/10/14 21:16

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Plum Acquisition IV received a Nasdaq deficiency notice on October 7, 2026, for noncompliance with Listing Rule 5450(a)(2).
The rule requires at least 400 total holders; the notice has no immediate effect on Nasdaq Global Market listing or trading.
The company has 45 calendar days to submit a compliance plan.
If Nasdaq accepts the plan, it may grant up to 180 calendar days from the notice date to demonstrate compliance.
If Nasdaq rejects the plan, the company can appeal to a Nasdaq Hearings Panel.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Plum Acquisition Corp. IV published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-109472), on October 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Plum Acquisition IV Receives Nasdaq Deficiency Notice Over Minimum Holder Requirement

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