Aquasition Corp. Receives Nasdaq Deficiency Notice
NEW YORK, May 24, 2013 /PRNewswire/ -- Aquasition Corp. (AQU) (the "Company") today announced that on May 20, 2013 the Company received a notice from the Nasdaq Stock Market ("Nasdaq") that the Company no longer complies with Nasdaq's rules for continued listing as a result of its failure to timely file its Annual Report on Form 20-F in violation of Nasdaq Rule 5250(c)(1). The Company has 60 days from the date of the notice to provide Nasdaq with a plan to regain compliance.
Aquasition Corp. is a blank check company formed to acquire through a merger, capital stock exchange, asset acquisition, stock purchase or similar acquisition transaction, one or more businesses or assets.
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