HUDA

Hudson Acquisition I Corp. Regains Compliance with Nasdaq Listing Rule 5250(c)(1)

Retrieved on: 
Tuesday, December 26, 2023
HUDA, Security (finance), Notice, Cryptocurrency

NEW YORK, Dec. 26, 2023 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • NEW YORK, Dec. 26, 2023 (GLOBE NEWSWIRE) -- 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).

Hudson Acquisition I Corp. Receives Notification from Nasdaq Regarding Minimum Market Value Deficiency

Retrieved on: 
Thursday, December 21, 2023
Failure, HUDA, Special, Calendar, Financial adviser

NEW YORK, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Hudson Acquisition I Corp. (the "Company" or "Hudson") (Nasdaq: HUDA), announced today that it received a notice (the "Notice") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") on December 15, 2023, indicating that the Company is currently not in compliance with the minimum Market Value of Listed Securities (“MVLS”) set forth in the Nasdaq Rules for continued listing on the Nasdaq Global Market.

Key Points: 
  • NEW YORK, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Hudson Acquisition I Corp. (the "Company" or "Hudson") (Nasdaq: HUDA), announced today that it received a notice (the "Notice") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") on December 15, 2023, indicating that the Company is currently not in compliance with the minimum Market Value of Listed Securities (“MVLS”) set forth in the Nasdaq Rules for continued listing on the Nasdaq Global Market.
  • Nasdaq Listing Rule 5450(b)(2)(A) requires companies to maintain a minimum market value of US$50,000,000 and Listing Rule 5810(c)(3)(C) provides that a failure to meet the market value requirement exists if the deficiency continues for a period of 30 consecutive business days.
  • Based on the market value of the Company for the 30 consecutive business days from October 19, 2023, to December 14, 2023, the Company no longer meets the minimum market value requirement.
  • The Company intends to regain compliance with Nasdaq listing rules and will evaluate its available options to regain compliance with Nasdaq's minimum MVLS rule within the compliance period.

Hudson Acquisition I Corp. Mourns the Loss of Chief Financial Officer, Mr. Hon Man Yun

Retrieved on: 
Monday, October 9, 2023
HUDA, Rare-earth element, Management

NEW YORK , Oct. 09, 2023 (GLOBE NEWSWIRE) -- Hudson Acquisition I Corp. (the “Company” or “Hudson”) (Nasdaq: HUDA), announced today that Mr. Hon Man Yun, the Chief Financial Officer of the Company, passed away on October 3, 2023.

Key Points: 
  • NEW YORK , Oct. 09, 2023 (GLOBE NEWSWIRE) -- Hudson Acquisition I Corp. (the “Company” or “Hudson”) (Nasdaq: HUDA), announced today that Mr. Hon Man Yun, the Chief Financial Officer of the Company, passed away on October 3, 2023.
  • The entire Hudson organization is profoundly saddened by this shocking loss.
  • Mr. Yun served as the Company’s Chief Financial Officer since 2022.
  • Jiang Hui, the Company’s Chief Executive Officer, said, “It is with great sadness that we announce the passing of Hon Man Yun.

Hudson Acquisition I Corp. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

Retrieved on: 
Friday, August 25, 2023
Form 10-K, Calendar, Listing Rules, Form, Security (finance), HUDA, UHY, Cryptocurrency, Financial adviser

As previously granted by the Nasdaq, the Company received an exception until September 27, 2023, to file its delinquent Form 10-K for the year ended December 31, 2022, and the Form 10-Q for the period ended March 31, 2023.

Key Points: 
  • As previously granted by the Nasdaq, the Company received an exception until September 27, 2023, to file its delinquent Form 10-K for the year ended December 31, 2022, and the Form 10-Q for the period ended March 31, 2023.
  • The current notice will have no immediate effect on the listing or trading of the Company's common stock on the Nasdaq.
  • Recently, the Company issued an 8-K disclosure outlining its decision to terminate the services of its previous independent registered public accounting firm.
  • Demonstrating a steadfast commitment to addressing compliance concerns, the Company is actively working to rectify these matters promptly and efficiently.

Hudson Acquisition I Corp. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of its Form 10-Q

Retrieved on: 
Tuesday, May 30, 2023
Delinquent, Calendar, Listing Rules, Notice, Security (finance), HUDA, Cryptocurrency

As per the Listing Rules, Nasdaq has granted the Company until June 20, 2023, to submit a plan outlining its strategy to regain compliance.

Key Points: 
  • As per the Listing Rules, Nasdaq has granted the Company until June 20, 2023, to submit a plan outlining its strategy to regain compliance.
  • However, the acceptance of the plan by Nasdaq and the subsequent compliance within any extension period granted cannot be guaranteed.
  • Additionally, the Company must continue to meet other continued listing requirements specified in the Nasdaq Listing Rules.
  • Should Nasdaq reject the Company's plan, the Company retains the right to appeal the decision to a Nasdaq hearings panel.

Hudson Acquisition I Corp. Receives Notification of Deficiency from Nasdaq Related to Delayed Annual Report on Form 10-K

Retrieved on: 
Monday, April 24, 2023
Listing Rules, Calendar, Form 10-K, Notice, Form, Security (finance), HUDA, Cryptocurrency

Nasdaq has informed the Company that, under the Listing Rules, the Company has 60 calendar days from receipt of the Notice, or no later than June 20, 2023, to submit a plan to regain compliance with the Listing Rules.

Key Points: 
  • Nasdaq has informed the Company that, under the Listing Rules, the Company has 60 calendar days from receipt of the Notice, or no later than June 20, 2023, to submit a plan to regain compliance with the Listing Rules.
  • If Nasdaq accepts the Company’s plan, then Nasdaq may grant an exception of up to 180 calendar days from the due date of the Form 10-K, or until October 16, 2023, to regain compliance.
  • In the event that Nasdaq does not accept the Company’s plan, the Company will have the opportunity to appeal that decision to a Nasdaq hearings panel.
  • The Notice has no immediate impact on the listing or trading of the Company's securities on Nasdaq.

Hudson Acquisition I Corp. Announces Letter of Intent for Business Combination

Retrieved on: 
Friday, March 31, 2023
Communication, Proxy, Person, Sale, LOI, Target, Suite, Prospectus, Party, Acquisition, Form, HUDA, Letter, Commercial property, Cryptocurrency

NEW YORK, March 31, 2023 (GLOBE NEWSWIRE) -- Hudson Acquisition I Corp. (the "Company" or "Hudson") (Nasdaq: HUDA), today announced that it has entered into a letter of intent (the “LOI”) with a target company (the “Target Company”) for a potential business combination (the “Acquisition”).

Key Points: 
  • NEW YORK, March 31, 2023 (GLOBE NEWSWIRE) -- Hudson Acquisition I Corp. (the "Company" or "Hudson") (Nasdaq: HUDA), today announced that it has entered into a letter of intent (the “LOI”) with a target company (the “Target Company”) for a potential business combination (the “Acquisition”).
  • The LOI is not a binding agreement, and it outlines the preliminary terms of the Acquisition and the transactions contemplated herein.
  • The Target Company is a pre-clinical-stage biotechnology company focused on developing intranasal preventives for major disease-causing respiratory viruses.
  • Pursuant to the terms and conditions of the LOI, Hudson and the Target Company intend to enter into a definitive agreement pursuant to which Hudson and the Target Company would combine.

Hudson Acquisition I Corp. Regains Compliance with Nasdaq Listing Rule 5250(c)(1)

Retrieved on: 
Wednesday, January 4, 2023
HUDA, Notice, Security (finance)

NEW YORK, NY, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Hudson Acquisition I Corp. (the "Company" or "HUDA") (Nasdaq: HUDA), today announced that it received written 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.

Key Points: 
  • NEW YORK, NY, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Hudson Acquisition I Corp. (the "Company" or "HUDA") (Nasdaq: HUDA), today announced that it received written 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 December 9, 2022, 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 September 30, 2022 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 27, 2022, based on the Company’s filing of the 10-Q on December 21, 2022, the Company received a Notice from Nasdaq confirming that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1).

Hudson Acquisition I Corp. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

Retrieved on: 
Thursday, December 15, 2022
Acquisition, Security (finance), Listing Rules, HUDA, Calendar, Risk, Notice, Form

The current notice will have no immediate effect on the listing or trading of the Company's common stock on the Nasdaq.

Key Points: 
  • The current notice will have no immediate effect on the listing or trading of the Company's common stock on the Nasdaq.
  • 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.
  • 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.