NEW YORK, April 19, 2024 — Vision Sensing Acquisition Corp. , a special purpose acquisition company, issues an update regarding the previously announced staff determination letter received on January 17, 2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC notifying the Company of the determination from the Nasdaq Staff .
On January 23, 2024, the Company submitted an appeal to the appeal Staff’s determination to a Hearings Panel , pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. This submission included a detailed Compliance Plan, to present to the Panel, to regain compliance with the Listing Rules and also requested a stay of the suspension of the Company’s securities.
On, February 7, 2024, the Company filed the outstanding 10-Q and regained compliance with Listing Rule 5250.