Metal Sky Star Acquisition (MSSA) said Friday that it received a delisting notice from Nasdaq's listing qualifications department due to its failure to complete its initial business combination by the March 31, 2025 deadline.
The company said its shares, units, rights, and warrants will be suspended starting April 9.
Metal Sky Star Acquisition said it will not appeal Nasdaq's decision and is preparing to apply for listing on the OTC market under the same ticker symbols.
The company said it is working diligently to complete a business combination as soon as practicable.
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