Israel Acquisitions Corp. Faces Nasdaq Delisting Over Market Value Rule

Reuters
2025.12.02 22:21
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Israel Acquisitions Corp. received a delisting notice from Nasdaq for not meeting the $50 million market value requirement under Rule 5450(b)(2)(A). The company has until December 4, 2025, to appeal, or its securities will be delisted. Post-delisting, trading will move to OTC Markets, affecting liquidity. Despite this, the company plans to proceed with a business combination with Gadfin Ltd. and aims to relist on Nasdaq. This information is based on a report by Public Technologies using AI, and the original content was published via EDGAR by Israel Acquisitions Corp.