- Arogo Capital Acquisition Corp (NASDAQ:AOGOU) said on Monday it had received a Nasdaq notice stating that the company was not in compliance with the stock exchange’s listing rules.
- According to the Nasdaq notice, AOGOU is currently not in compliance with Nasdaq’s minimum market value of listed securities.
- Based on the market value of AOGOU for 38 consecutive business days from November 13, 2023, to January 9, 2024, the company no longer meets the minimum market value requirement.
- The company added that the Nasdaq notice does not impact the listing and trading of its securities at this time.
- AOGOU intends to regain compliance with Nasdaq listing rules.
- Press Release
