By Denny Jacob
Blank check company Ross Acquisition Corp. II received a notice from the New York Stock Exchange’s regulatory staff due to not being in compliance.
The company received a compliance notice because it hasn’t filed its quarterly report on its 10-Q form for the quarter ended June 30 with the Securities and Exchange Commission. While the notice has no effect on the listing or trading of its securities, Ross Acquisition will be subject to delisting from the exchange if it fails to regain compliance in a timely manner.
Ross Acquisition has six months from the due date of the form, or until Feb. 21, to file. It can submit a request to allow trading of its securities to continue if it fails to file by the deadline, subject to approval from the NYSE.
Former U.S. Secretary of Commerce Wilbur Ross Jr. serves as the president, chief executive officer and chairman of the board for Ross Acquisition.
Write to Denny Jacob at [email protected]
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