Eureka Acquisition Corp received a Nasdaq notice on April 6, 2026, indicating non-compliance with the minimum 300 public holders rule, triggering a 45-day period to submit a compliance plan.
Key takeaways
Nasdaq notified Eureka Acquisition Corp of non-compliance with the Minimum Public Holders Rule requiring 300 public holders.
The notice is a deficiency notification with no immediate effect on listing or trading of securities.
The company has until May 21, 2026, to submit a plan to regain compliance with Nasdaq's requirements.
If Nasdaq accepts the compliance plan, the company may receive up to 180 days extension to evidence compliance.
The company intends to submit a compliance plan within the required timeframe if unable to regain compliance by May 21, 2026.