Hudson Acquisition I Corp. Regains Compliance with Nasdaq Listing Rule 5250(c)(1)
27 December 2023 - 8:15AM
Hudson Acquisition I Corp. (the "Company" or "HUDA") (Nasdaq:
HUDA), today announced that it received a notice from the Listing
Qualifications Department of the Nasdaq Stock Market ("Nasdaq")
stating that the Company has regained compliance with the Nasdaq
Listing rule 5250(c)(1) and the matter is now closed.
On April 29, 2023, the Company received a standard notice of
noncompliance from Nasdaq indicating that, as a result of not
having timely filed its quarterly report on Form 10-Q for the
period ended June 30, 2023 with the Securities and Exchange
Commission, the Company was not in compliance with Nasdaq Listing
Rule 5250(c)(1), which requires timely filing of all required
periodic financial reports with the Securities and Exchange
Commission.
On December 22, 2023, based on the Company’s filing of the 10-Q
on December 21, 2023, the Company received a Notice from Nasdaq
confirming that the Company has regained compliance with Nasdaq
Listing Rule 5250(c)(1).
About Hudson Acquisition I Corp.
Hudson Acquisition I Corp. is a Delaware corporation
incorporated as a blank check company for the purpose of entering
into a merger, share exchange, asset acquisition, share purchase,
recapitalization, reorganization or similar business combination
with one or more businesses or entities. The Company's efforts to
identify a prospective target business will not be limited to a
particular industry or geographic region except that the Company
will not consummate an initial business combination with any entity
being based in or having the majority of its operations
in China (including Hong Kong and Macau).
The Company affirmatively excludes as an initial business
combination with a target company of which financial statements are
audited by an accounting firm that the United States Public Company
Accounting Oversight Board is unable to inspect for two consecutive
years beginning in 2021.
Forward-Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Such forward-looking
statements, including the search for an initial business
combination, are subject to risks and uncertainties, which could
cause actual results to differ from the forward-looking statements.
No assurance can be given that the net proceeds of the offering
will be used as indicated. Forward-looking statements are subject
to numerous conditions, many of which are beyond the control of the
Company, including those set forth in the Risk Factors section of
the Company's registration statement for the offering filed with
the SEC. Copies are available on the SEC's
website, www.sec.gov. The Company expressly disclaims any
obligations or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in the Company's expectations with respect
thereto or any change in events, conditions or circumstances on
which any statement is based, except as may be required by law.
Company Contact
Hudson Acquisition I Corp.Jiang Hui Telephone: +1(347)
205-3126
Investor and Media Contact:
International Elite Capital Inc.Annabelle ZhangTelephone:
+1(646) 866-7989Email: annabelle@iecapitalusa.com
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