Aetherium Acquisition in an 8-K said it’s been notified by the Nasdaq of potential delisting from the exchange for falling below the $50 million market cap requirement. The SPAC has until Nov. 6 to regain compliance.
The Asia-focused SPAC raised $116.7 million in a July 2021 IPO to target EdTech companies, although redemptions in the nearly two years since have eaten away at the trust. Read more.
