Acri Capital Acquisition said that the Nasdaq approved the company’s application to list its common stock, units, and warrants on the Nasdaq Capital Market. Stock, units and warrants began trading on the Nasdaq Capital Market today.
The move was necessitated after the SPAC fell below the Nasdaq’s $50 million minimum market cap requirement.
Acri had raised $86.25 million in its June 2022 IPO, with plans to target technology-enabled sectors in North America. Read more.
