SAN DIEGO, June 25, 2024 — Embrace Change Acquisition Corp. , a special purpose acquisition company, today announced that on June 24, 2024, it received a Staff Delisting Determination from the Listing Qualifications Department of The Nasdaq Stock Market LLC , notifying the Company of its noncompliance with Nasdaq’s continued listing requirements and that unless appealed and their determination reversed, the Company’s securities will be delisted from Nasdaq.
According to the Staff Determination, unless the Company requests an appeal of the Staff Determination, trading of the Company’s securities will be suspended at the opening of business on July 3, 2024, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on Nasdaq.