SAGALIAM ACQUISITION CORP. REGAINS COMPLIANCE WITH NASDAQ LISTING RULE 5250(C)(1)
SAGALIAM ACQUISITION CORP. REGAINS COMPLIANCE WITH NASDAQ LISTING RULE 5250(C)(1)
We are a blank check company incorporated under the laws of the State of Delaware on March 31, 2021 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. Sagaliam intends to continue to pursue the consummation of a business combination with an appropriate target.New York, NY, June 02, 2023 (GLOBE NEWSWIRE) -- Sagaliam Acquisition Corp. (NASDAQ: "SAGAU", "SAGA", "SAGAR") ("we", "us", "our", or the "Company") announced today that it received notice from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") on June 1, 2023 indicating that the Company has regained compliance with Nasdaq Listing Rules 5250(c)(1).
纽约州纽约，2023 年 6 月 2 日（GLOBE NEWSWIRE）— Sagaliam 收购公司（纳斯达克股票代码：“SAGAU”、“SAGA”、“SAGAR”）（”我们“，”我们“，”我们的“，或者”公司y”）今天宣布，它于2023年6月1日收到纳斯达克股票市场（“纳斯达克”）上市资格部门的通知，表明该公司已重新遵守纳斯达克上市规则5250（c）（1）。
On April 19, 2023 (the "April 19 Letter"), Nasdaq notified Sagaliam Acquisition Corp. (the "Company") that the Company no longer met the periodic filing requirement for The Nasdaq Stock Market under Listing Rule 5250(c)(1) (the "Rule"). On May 22, 2023, the Company filed its Form 10-K for the period ended December 31, 2022. On June 1, 2022, Nasdaq notified the Company that based on the May 22, 2023 filing of the Company's Form 10-K for the period ended December 31, 2022, Nasdaq has determined that the Company complies with the Rule. Accordingly, Nasdaq informed the Company that it considered the matter to be closed and no further action required by the Company in connection with the April 19 Letter.
2023年4月19日（“4月19日信函”），纳斯达克通知Sagaliam Acquision Corp.（“公司”），该公司不再符合上市规则第5250（c）（1）（“规则”）规定的纳斯达克股票市场的定期申报要求。2023年5月22日，公司提交了截至2022年12月31日期间的10-K表格。2022年6月1日，纳斯达克通知公司，根据公司于2023年5月22日提交的截至2022年12月31日期间的10-K表格，纳斯达克已确定公司遵守该规则。因此，纳斯达克告知公司，它认为此事已结案，公司无需就4月19日的信函采取进一步行动。
About Sagaliam Acquisition Corp.
关于 萨加利亚姆 收购公司
We are a blank check company incorporated under the laws of the State of Delaware on March 31, 2021 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. Sagaliam intends to continue to pursue the consummation of a business combination with an appropriate target.
我们是一家空白支票公司，于2021年3月31日根据特拉华州法律成立，目的是与一个或多个企业或实体进行合并、资本证券交换、资产收购、股票购买、重组或类似的业务合并。Sagaliam打算继续追求以适当目标完成业务合并。
Non-Solicitation
非拉客
This press release is not a proxy statement or solicitation of a proxy, consent, or authorization with respect to any securities shall not constitute an offer to sell or a solicitation of an offer to buy the securities of the Company, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
本新闻稿不是委托书或就任何证券征求委托书、同意或授权，不得构成出售要约或征求购买公司证券的要约，也不得在任何州或司法管辖区出售任何此类证券，而根据该州或司法管辖区的证券法，此类要约、招标或出售在注册或获得资格之前是非法的。除非通过符合经修订的1933年《证券法》第10条要求的招股说明书，否则不得提出证券要约。
CONTACT INFORMATION
联系信息
Sagaliam Acquisition Corp.,
Barry Kostiner, Chief Executive Officer
1800 Avenue of the Stars, Suite 1475
Los Angeles, CA 90067
Tel: (213) 616-0011
bkostiner@fintecham.com
Sagaliam 收购公司，
巴里·科斯蒂纳，首席执行官
星光大道 1800 号，套房 1475
加利福尼亚州洛杉矶 90067
电话：(213) 616-0011
bkostiner@fintecham.com
