L&F Acquisition said it received notice from the NYSE that it is no longer in compliance with listing requirements under timely filing criteria for financial statements.
The SPAC said it is working to complete its Form 10-Q for the fiscal quarter ended March 31, noting the SEC’s April statement on new accounting for warrants triggered the delay.
L&F said it filed the 10-Q two days after receiving the NYSE notice.
The SPAC raised $175.1 million in a November IPO to focus on the governance, risk, and compliance, and legal technology and software sectors. Read more.