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).
紐約州紐約，2023 年 6 月 2 日（GLOBE NEWSWIRE）— Sagaliam 收購公司（納斯達克股票代碼：“SAGAU”、“SAGA”、“SAGAR”）（”我們“，”我們“，”我們的“，或者”公司y”）今天宣佈，它於2023年6月1日收到納斯達克股票市場（“納斯達克”）上市資格部門的通知，表明該公司已重新遵守納斯達克上市規則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”），納斯達克通知Sagaliam Acquision Corp.（“公司”），該公司不再符合上市規則第5250（c）（1）（“規則”）規定的納斯達克股票市場的定期申報要求。2023年5月22日，公司提交了截至2022年12月31日期間的10-K表格。2022年6月1日，納斯達克通知公司，根據公司於2023年5月22日提交的截至2022年12月31日期間的10-K表格，納斯達克已確定公司遵守該規則。因此，納斯達克告知公司，它認爲此事已結案，公司無需就4月19日的信函採取進一步行動。
About Sagaliam Acquisition Corp.
關於 薩加利亞姆 收購公司
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.
我們是一家空白支票公司，於2021年3月31日根據特拉華州法律成立，目的是與一個或多個企業或實體進行合併、資本證券交換、資產收購、股票購買、重組或類似的業務合併。Sagaliam打算繼續追求以適當目標完成業務合併。
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.
本新聞稿不是委託書或就任何證券徵求委託書、同意或授權，不得構成出售要約或徵求購買公司證券的要約，也不得在任何州或司法管轄區出售任何此類證券，而根據該州或司法管轄區的證券法，此類要約、招標或出售在註冊或獲得資格之前是非法的。除非通過符合經修訂的1933年《證券法》第10條要求的招股說明書，否則不得提出證券要約。
CONTACT INFORMATION
聯繫信息
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 收購公司，
巴里·科斯蒂納，首席執行官
星光大道 1800 號，套房 1475
加利福尼亞州洛杉磯 90067
電話：(213) 616-0011
bkostiner@fintecham.com
