By Josh Beckerman
Blank-check company Acri Capital Acquisition reported another monthly extension of its deadline to complete a business combination, from Aug. 14 to Sept. 14.
Acri, which has previously announced multiple one-month extensions, is allowed to continue extending the deadline until April 14, 2024.
Acri received a Nasdaq letter in May that it was below the $50 million requirement for the Market Value of Listed Securities for the Nasdaq Global Market. In July, it began trading on the Nasdaq Capital Market.
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